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Commodities

Daily Market Outlook, May 7, 2025
Daily Market Outlook, May 7, 2025

Daily Market Outlook, May 7, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Equity-index futures climbed overnight as news of trade negotiations between China...

Gold Spikes As Trade War Uncertainty Continues
Gold Spikes As Trade War Uncertainty Continues

Safe-Haven Demand ReturnsGold prices are continuing to push higher today with the futures market now up almost 5% on the week. Safe-haven demand has returned in full force against a backdrop of...

Potential Double Bottom in Crude
Potential Double Bottom in Crude

Crude ReboundingCrude prices are trading higher today with the futures market managing to recover ahead of a test of the YTD lows. Prior to the recovery, the market had been under fresh pressure...

Daily Market Outlook, May 6, 2025
Daily Market Outlook, May 6, 2025

Daily Market Outlook, May 6, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Global stock markets remained in a tight range on Tuesday, and the dollar regained...

XAUUSD H4 I Falling toward the 1st support
XAUUSD H4 I Falling toward the 1st support

TitleXAUUSD H4 I Falling toward the 1st supportTypeBearish ReversalPreference:The price is falling from the pivot level at 3387, a pullback resistance that aligns with the 61.8% Fibonacci retracement....

XAUUSD H1 I Bearish Continuation
XAUUSD H1 I Bearish Continuation

TitleXAUUSD H1 I Bearish ContinuationTypeBearish ReversalPreference:The price is rising toward the pivot level at 3260.33, a pullback resistance that aligns with the 50%% Fibonacci retracement.  A...

Copper Bulls Hoping For US/China Trade Progress
Copper Bulls Hoping For US/China Trade Progress

Copper Stabilises Following Sell OffCopper prices are looking more stable ahead of the weekend as optimism over US/China trade relations helps stem the selling we saw earlier in the week. Copper...

Daily Market Outlook, May 1, 2025
Daily Market Outlook, May 1, 2025

Daily Market Outlook, May 1, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…US equity futures surged on Thursday, fuelled by stronger-than-expected tech...

Gold Plunges Despite Weak US Data
Gold Plunges Despite Weak US Data

Gold Under PressureGold prices are extending their slide on Thursday with the futures market now testing below the 3,254.65 level. The move comes amidst a weakening of safe-haven demand in response to...