Commodities

Gold two-week drop at -5.3%, most since early July; retail traders keep increasing bullish exposure and this continues to support a bearish contrarian bias.

2023-10-04T02:36:28+0100

In this fourth episode of Sentiment study with Monte, we take a look at IG client sentiment and CoT speculator bias to get an idea not just where they stand, but what trading strategies were deployed to get to these levels.

2023-10-03T07:22:55+0100

Crude oil prices fell the most over two days since early June; retail traders are increasingly building upside exposure and this is an early warning sign that WTI may continue lower.

2023-10-03T05:21:30+0100

A slight breather in the Treasury yields rally allowed Wall Street to turn in a positive session overnight, while VIX retraced for the second straight day.

2023-09-29T03:27:02+0100

Gold has tumbled below $1900 per ounce this week. This sharp decline is primarily driven by the robust US dollar, which has gained momentum due to the growing expectations of enduring higher interest rates.

2023-09-28T10:35:29+0100

Crude oil prices all set for a fourth consecutive monthly gain; still-bearish retail trader exposure offers a bullish outlook and prices just barely break above a key zone of resistance.

2023-09-28T03:32:49+0100

Wall Street managed to stabilise overnight from its recent sell-off, despite another climb in Treasury yields and a pull-ahead in the US dollar.

2023-09-28T03:10:55+0100

Front month soybean futures are bouncing off support which is why we would like to go long with an upside target in the 1,400 region and a stop-loss at 1,245.

2023-09-27T10:43:29+0100