Commodities Analysis & Opinion

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...

A bold title to head this recital, Gold on Friday posting its best low-to-high intraday gain (+2.4% or +50 points) since 13 December toward settling the week at 2092, essentially tying its...

Precious Metals surged today led by Gold’s 2% gain to $2096. It needs to clear $2100 convincingly to confirm an epic breakout.Gold’s 4-year handle has two cup and handles within it, which...

Natural gas prices could be bottoming. From October 9th, 2023, when prices in futures traded at 3.325 until February 20, 2024, when prices troughed at 1.60, natural gas prices fell nearly 60%. Plus,...

Oil prices hit a three-and-a-half month high, yet the oil products flopped in hopes that refiners may be able to meet current demand. Even as gasoline demand hit a three-week high, distillate demand...

GDXJ declined once again yesterday, but the situation in silver juniors is even worse!Silver Juniors in TroubleYes, it is possible for a market to be in an even worse position than gold junior mining...

America continues to build up its oil reserves, albeit at a relatively slow pace and from a low base. Last week, commercial oil inventories rose by 4.2 million barrels. About ¾ million barrels...

World record corn harvests have led to a decline in prices. Meanwhile, soybean prices are approaching 2021 lows. Ukraine and Russia's pricing advantage gives them an edge in the global wheat...

Gold to S&P 500 is the best intermarket indicator for Gold. How about Gold vs. Bitcoin?Bitcoin is a beta-tech or beta-risk on vehicle. It has followed tech since its inception. If a melt-up plays...