Bullish Pattern Could Send Gold Prices Much Higher!
Gold prices and precious metals bulls have been biding their time.
While gold has traded sideways-to-lower, bullish investors have simple sat tight, waiting for a...
Is Crude Oil Gearing Up for a Big Move?
The country has been under pressure from rising gas prices for months.
Even before the Ukraine war, gas was steadily increasing.
While the U.S continues to...
Why We are Focusing on Commodities Over Equities
Tuesday, the Nasdaq 100 (QQQ) outperformed the other indexes ending the day +1.20%, while other major indices closed roughly flat on the day.Â
From the...
Game Over For Energy Stocks? Important Tests For $XOP and $OIH
There haven't been many places to hide during this year's stock market correction (bear market?).
And one of the last hiding places could be in...
Double Top Deja Vu: Are Copper Prices Peaking?
Commodities have been an important theme within the financial markets and economy for several months. The price rally has ushered in inflationary winds not...
Commodities Index Ready To Break Out? Watch Australian Dollar!
In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities.
Today, we look at both - The...
Gold Futures Higher, Price Targets at $2050 and $2177
The CPI report came in inflation-hot and this is triggering a trading buy signal for gold as it heads higher.
Gold is breaking out of...
Is Copper Reversing Lower? Elliott Wave Peak Potential
With so much turbulence in the world right now, we wanted to highlight a bearish Elliott wave scenario for the copper market, which is...
Gold or Rubles? A Pickle Worth Exploring
Financial sanctions weighing on Russia are sending up red flags around the globe. The seizing of Russian foreign reserves and eliminating access to SWIFT...
Commodities ETF Forms Wedge Pattern, Big Move Coming?
Commodities came into March like a lion and went out like a lamb.
Even so, the price of several commodities remains elevated and pressuring an...