Commodities Analysis & Opinion

Gold’s breakout from a 13-year cup & handle pattern and clearing $2100 renders it extremely difficult to argue it is not in a new secular bull market. However, confirmation will require some...

Here's your daily 60 seconds trading tipHere are 3 things that could drive Gold Futures to new record highs in 2024

Are inaccurate reports of global oil, supply and demand starting to catch up to the global oil market?  Oil prices have been creeping higher as the market structure has priced in supply tightness...

Precious metals may finally be nearing the rally that gold and silver bulls have been waiting for.Today, we simply focus on Gold from a “weekly” price perspective. And let’s just say...

Gold is primed for a substantial move, second only to cryptocurrencies in amplitude but lacking their enduring strength. At the end of last week, we saw a swift technical completion of a bullish...

Gold's price momentum continues, with a Troy ounce of the precious metal touching a new record high, standing close to $2115.00 as of Tuesday. The surge in gold prices can be attributed to a...

Gold XAU/USD: Hovered from 2078 up to 2088 all morning before a burst higher in the afternoon. The break above 2090 was my buy signal for Monday and we immediately shot higher targeting 2097/99 and...

On Friday, oil bears lost several important allies when their opponents tested the barrier of $80. Are they completely lost?Technical Picture of Crude OilLet’s start today’s analysis with...

One of the biggest challenges in the global oil market in recent years has been the commitment between OPEC and Russia to try to work together to support global oil prices. For OPEC to learn lessons,...

Oil is correcting 0.2% on Monday after closing almost 2% higher on Friday and peaking at 3.4%. WTI’s high of $80.3, last seen in November 2023, and a consolidation above $79 would indicate a...

Crude oil's dramatic surge, predating OPEC+'s supply cut extension, hints at a week filled with potential market volatility. On the macro front, the week is brimming with impactful data releases and...

Technical OverviewWest Texas Intermediate (WTI) oil maintains its upward channel on the daily chart, initiated in mid-December. After a period of range-bound trading, Friday's session concluded above...

Gold XAU/USD: Built on the 2-week bull trend and after we beat last week's high on Friday at 2041/42 for a buy signal. After Thursday's high exactly at resistance at 2049/50 prices reversed and made a...

On analysis of the moves by the gold futures during the last three weeks, I find that the bulls look not confident enough to hold the heights tested last Friday.Undoubtedly, the gold futures found...