Commodity Analysis & Comment

Since I wrote my last analysis, I find the gold bulls continued to face stiff resistance on Dec. 28, 2023, despite making the last attempt of the year to sustain above the immense resistance at...

Gold is about to end 2023 on a bullish note. Current technical setup is pointing toward another charge toward all-time highs. Fundamental factors, such as the macro environment and rising geopolitical...

Precious Metals have been strong this month and have metalheads excited for next year.One gauge that I use to highlight the strength of Gold is the ratio of the price of an ounce of Gold to the US...

Upon analyzing movements in gold futures in the wake of a bearish tone in Dollar Index futures following an extended weekend, it is evident that challenging times lie ahead for gold bulls striving to...

Since I wrote my last analysis on Nov. 29, 2023, Natural Gas futures were trading at $2.626, struggled to find a breakout above their immediate resistance at $2.858, but could not and started to slide...

The metals market has seen divergent returns as oversupply has impacted Nickel and Palladium On the other hand, iron ore and gold prices have fared much better, sitting on double-digit YTD...

Crude oil ended a seven-week decline last week, supported by easing demand concerns. Despite a shaky start this week, oil prices show potential for a bullish reversal, indicated by technical signals,...

The positive sentiment following the Fed’s comments continued yesterday, with energy and metals trading in green. As for metals, new sanctions by the UK on Russian metals combined with positive...

On analysis of the movements of the US Dollar Index futures, I find that the US Dollar is likely to regain a strong reversal from the first trading session of the upcoming week as the current sell-off...

For those who have followed our analysis, you will know that we look for a sweet spot where fundamentals meet technicals. As the developing nations of the world endeavor to replace fossil fuels with...

Since I wrote my last analysis, gold futures followed the dovish tone by the Federal Reserve but left the investors with hopes for a rate cut in March 2024.Despite Fed Chair Powell's comments...

The dovish comments from the Federal Reserve helped to improve sentiment yesterday, with gold prices recovering back to around US$2,030/Oz. Crude oil prices also gained on OPEC and EIA reports,...

An upbeat Fed meeting has dashed hopes of any imminent interest rate hikes. Federal Reserve's dovish tone yesterday has ignited a rebound in gold and silver prices. Gold has resurged above $2,000,...

Following Friday’s stronger US data, both gold and silver slumped to close the week sharply lower, even if the former had hit a new record high at the start of last week and the latter reaching...