Commodities Analysis & Opinion

Another day, another drop and technical formation. Bears…What do you think about it?Bears' Target ReachedLet’s start today’s analysis by quoting the last article on black...

Gold XAU/USD: Gold's break above 2120 saw us retest the all-time high at 2135. But we did not sustained the break and reversed from 2141. A break above here is another buy signal initially targeting...

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'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...

I have written about Gold’s super bullish Cup & Handle Pattern multiple times over the last few years.Yesterday, Gold finally broke out from the handle and surged above $2100 to $2126. Gold...

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...

By Mike Maharrey, Money Metals ExchangeSilver demand is expected to hit 1.2 billion ounces this year. That would rank as the second-highest annual silver demand on record.Record industrial demand for...

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...