NZDJPY great chart 78.6 fib is where i will look at rejections on H1 and M30.
Have you been paying attention to commodities?
People are talking about the next ‘commodity supercycle’.
That’s a fun word for all commodity prices going up a lot. The theory goes that it started in 2020 in the aftermath of the pandemic but it’s really only been gold that has been rising since then. Now the other commodities are starting to wake up..
In last week’s report (week 23), we talked about the EPIC breakout in silver.
Gold and silver have now potentially been joined by the ‘big boss’ of commodities - oil.
Regular readers will remember we talked about oil in our final report of 2024 asking whether it will be ‘Top trade of 2025’. Well it still might be - just not in the way we expected. More on that in a minute.
Have you been paying attention to commodities?
People are talking about the next ‘commodity supercycle’.
That’s a fun word for all commodity prices going up a lot. The theory goes that it started in 2020 in the aftermath of the pandemic but it’s really only been gold that has been rising since then. Now the other commodities are starting to wake up..
In last week’s report (week 23), we talked about the EPIC breakout in silver.
Gold and silver have now potentially been joined by the ‘big boss’ of commodities - oil.
Regular readers will remember we talked about oil in our final report of 2024 asking whether it will be ‘Top trade of 2025’. Well it still might be - just not in the way we expected. More on that in a minute.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.