Commodities Analysis & Opinion
Natural Gas: America Might Bake but $3 Pricing Remains Elusive
13.07.2023
Natural Gas: America Might Bake but $3 Pricing Remains Elusive
National heat advisory sees massive sweltering weather this week Benchmark gas futures meanwhile stay in range under $2.70 Talk…
Brent Crude: Breakout Looms as Price Hovers Above $80
13.07.2023
Brent Crude: Breakout Looms as Price Hovers Above $80
The prospect of a soft landing lifts oil prices Rally builds on efforts by Russia and Saudi Arabia to…
Gold Breaks Out Post U.S. CPI Data: What’s Next?
13.07.2023
Gold Breaks Out Post U.S. CPI Data: What’s Next?
Recent range highs broken after CPI release Lower inflation could increase gold’s appeal One more rate hike expected from…
Silver Lurks Near Make or Break Area
13.07.2023
Silver Lurks Near Make or Break Area
Is Silver ready to validate the risk-on mood of the global markets? This would need a clear breakout from…
Has Oil Run Out of Room to Rally?
12.07.2023
Has Oil Run Out of Room to Rally?
Crude oil has rallied more than 10% from the lows two weeks ago. The price of a barrel of…
Gold’s Surprising Short-Term Bullish Pattern: A Buy Signal?
12.07.2023
Gold’s Surprising Short-Term Bullish Pattern: A Buy Signal?
Gold: We do have a 2-month bear trend after the potential triple top pattern on the weekly chart, but…
U.S. Dollar Decline Bearish for Gold?
12.07.2023
U.S. Dollar Decline Bearish for Gold?
Gold and US Dollar Index are always connected – the former can’t break from the currency it’s priced in.…
Gold Edges Higher Ahead of the U.S. Inflation Report: Can the Yellow Metal Shine?
12.07.2023
Gold Edges Higher Ahead of the U.S. Inflation Report: Can the Yellow Metal Shine?
Gold appears to have found some support again in recent days after rebounding twice at around $1,900. The US…
Brent Crude Oil Steadies After Hitting One-Month High
12.07.2023
Brent Crude Oil Steadies After Hitting One-Month High
Brent hits one-month high Saudi and Russian cuts supporting recent moves Major barriers of resistance above Oil prices are…
Is Cocoa Our New Inflation Barometer?
12.07.2023
Is Cocoa Our New Inflation Barometer?
On the heels of the CPI report out first thing July 12 and because of El Nino, West Africa expects…