Commodities Analysis & Opinion
Gold: Selloff Could Be in the Offing Amid Overbought Conditions
26.09.2024
Gold: Selloff Could Be in the Offing Amid Overbought Conditions
Following last week’s significant 50-basis point rate cut by the Federal Reserve, gold futures are poised for a potential sell-off,…
Crude Slides Below 20 SMA, Testing Critical Support Levels Amid Bearish Signals
26.09.2024
Crude Slides Below 20 SMA, Testing Critical Support Levels Amid Bearish Signals
WTI dives 7% from 73.30 200-day SMA moves horizontally MACD and stochastics confirm bearish outlook WTI crude oil prices have…
Crude Oil Primed for Explosive Short-Squeeze as Bearish Sentiment Peaks
26.09.2024
Crude Oil Primed for Explosive Short-Squeeze as Bearish Sentiment Peaks
US oil production continues to show signs of stagnant growth With sentiment and positioning at all-time bearish levels, oil prices…
Gold Rises to 16% of Global Reserves: A Warning Sign for the US Dollar?
26.09.2024
Gold Rises to 16% of Global Reserves: A Warning Sign for the US Dollar?
Gold’s status as a Central Bank and bank reserve asset is escalating. According to Bank of America, gold has surpassed…
Gold: How High Can Prices Go Before a Big Decline?
26.09.2024
Gold: How High Can Prices Go Before a Big Decline?
As the US Dollar Index is testing its lows and preparing for a major rally, gold is making new highs.…
Gold: Strong Tailwinds to Propel Metal Past Overbought Levels With $2,675 in Focus
25.09.2024
Gold: Strong Tailwinds to Propel Metal Past Overbought Levels With $2,675 in Focus
Gold prices advance, underpinned by ETF Flows, China stimulus and safe haven flows, Gold ETF flows have been positive, and…
Gold Hits New All-Time High With Eyes on 2700 as Rally Gains Momentum
25.09.2024
Gold Hits New All-Time High With Eyes on 2700 as Rally Gains Momentum
Gold Gold (XAU/USD) soared from first support at 2619/17 then shot higher to all my targets of 2633/35, 2642/44, 2648/50,…
Gold: Thresholds and a Pullback to Buy
24.09.2024
Gold: Thresholds and a Pullback to Buy
Some Asian money managers are raising their recommended allocation to gold from 15%-20% to 25%. That’s good news, a look…
Just How Good Is Gold Doing This Year?
24.09.2024
Just How Good Is Gold Doing This Year?
Anybody paying any attention at all knows that gold is setting records. But just how good is gold doing in…
Crude Oil: 3 Bullish Catalysts That Could Continue to Support the Ongoing Rebound
24.09.2024
Crude Oil: 3 Bullish Catalysts That Could Continue to Support the Ongoing Rebound
Crude oil prices are rebounding, fueled by heightened geopolitical tensions and new stimulus measures from China. Despite a recent pullback,…