All Star Charts Gold Rush Articles

It has been a blockbuster year for precious metals, and the latest monthly and quarterly closes reiterated it.

The entire precious metals complex is breaking out of long-term bases. 

These patterns are the classic signature of new secular bull markets. 

Gold rang the bell first, but now its peers are joining the charge.

Let’s dive into what the data is showing us.

We’ve been pounding the table on Copper futures since China started ripping last year.

However, it has been a slower start than we anticipated.

Now, our patience is being rewarded... We're seeing evidence that the trade is heating up.

Copper futures are trading at fresh all-time highs as they play catch-up with Gold futures.

We're also beginning to see the Copper miners play catch-up to the underlying commodity.

This has been on our radar for months, but we've only recently seen significant changes.

The red line represents Copper futures, and the blue candlesticks represent the Global X Copper Miners ETF $COPX. 

Historically, these two have danced together.

However, that relationship broke down earlier this year as the futures reached new...

The team and I have been digging through our currency charts today, trying to figure out if we should trust these new lows in the Dollar Index.

And the truth is, there is plenty we could say about dollars right now, but I don’t think it would help.

The Dollar Index is going to go in the opposite direction of these bull flags in EUR and GBP.

It’s really that simple. 

And as far as other currencies go, I think we can expect them to follow the majors. Some of them are already breaking out. 

Remember, the major developed currencies started trending well against the dollar first, and then emerging currencies gradually followed. 

I expect that intermarket cadence will continue during the next wave of dollar weakness.

And it looks like it already is. Here’s the Euro and Pound resolving their coils higher against USD:

Both of these currencies ramped to fresh multi-year highs in April and have been consolidating in continuation patterns ever since.

This action reminds me of some of the ...

It’s happening.

After years of waiting, the entire precious metals complex is finally coming to life, and the charts confirm it.

Gold broke out first. 

Now, Silver, Platinum, and the miners are joining in. 

Our Equal-Weight Precious Metals Index is printing fresh all-time highs, marking what we believe is the beginning of a new secular uptrend.

Miners are starting to lead. 

Risk appetite is returning. 

And short sellers? They’re getting squeezed.

This week, we’re reviewing the latest breakout setups in the metals space, including a small-cap Silver name retesting a key level with explosive upside potential.

Every major commodity boom of the last 25 years has followed the same blueprint:

🔺 CRB Index starts curling higher
🔺 Yield curve inverts… then steepens
🔺 And commodities don’t just rally—they detonate.

Look at the chart. 

2001 → Inversion → Steepening → Oil +300%
2006 → Same setup → Same outcome
2020 → Rinse and repeat

And now?

It’s happening again.

The CRB is coiling just beneath multi-year resistance. The kind of tight, coiled spring that doesn’t let go gently. Momentum is building. The yield curve—the most reliable forward indicator we’ve got—is turning up from historic depths.

This isn’t some lagging inflation print. This isn’t a Fed narrative. This is price. And price is truth.

This is a setup that only comes around a few times in a generation. Most investors sleep through it. They wait for confirmation. They miss it.

But not you.

Hemingway once said bankruptcy happens two ways: gradually, then suddenly. Commodity cycles are the same. They creep. They churn. Then they rip.

...

Grain markets are showing signs of life.

After a brutal multi-year collapse, many major agricultural contracts are starting to perk up. 

The short-term and intermediate-term trends are beginning to point higher. 

Momentum is entering a new bullish regime. 

And participation is expanding.

We’ve already outlined bullish setups in the futures for Corn, Soybeans, and Soybean Oil. 

These contracts have been carving out bottoms, and they're starting to resolve higher from well-defined bases. 

Now, we're seeing more of the same.

The short-term strength is hard to ignore.

The Singapore Dollar is roaring higher. 

After more than a decade of basing, the SGD/USD is finally punching through a key breakout level—the 61.8% retracement of its 2011–2020 decline.

This isn’t just another FX pair catching a bid. Singapore is one of the most critical currencies in global trade. The city-state controls the Strait of Malacca—a vital artery for global shipping. 

When the Singapore Dollar is strong, it's usually saying something about global trade flows, risk appetite, and Asia's relative strength on a global stage.

Singapore, plainly put, is the financial hub of Southeast Asia.

So it makes sense to see it break out as we continue to see rotation into EM, and Asia in particular– as well as weakness in the US Dollar.

Zooming out, this is a textbook rounding bottom. The long base. The range-bound price action. The upside resolution. This is classic trend reversal stuff.

And it’s not just the currency flashing a regime change.

Here are Singaporean equities overlaid with SGD:

EWS, the...

We’ve been waiting patiently for a leadership handoff in the metals market. 

It’s happening now.

Platinum and Palladium, the long-forgotten cousins of the precious metals complex, are waking up.

Just look at the charts.

Crude oil just ripped higher with its biggest 3-day rally since March 2022.

And the timing couldn’t be more interesting.

The energy trade looked like it was unraveling.

But the bulls are stepping in and repairing the damage.

Valid tops have turned into "not tops" and bear traps.

This burst of upside momentum comes right as crude is bouncing off a major support zone, both in absolute terms and relative to the broader market. 

Energy stocks have been under pressure for months, but this looks like a potential turning point.

Not only is the price action improving, but positioning is also offside. 

Short interest in the Oil & Gas Exploration & Production ETF $XOP just hit its highest level in years.

A lot of the individual stocks have the highest short interest ever.

The unwind could fuel a powerful move higher across...

We’ve been pounding the table on the rotation taking place across Asian equity markets. Vietnam, Taiwan, Thailand, China—you name it. 

The message is clear: the tide is turning and participation is broadening across Asia. 

It’s no longer just Japan. Everything else is starting to work.

One of the key forces driving this rotation is a weak US Dollar. When the dollar stumbles, emerging market currencies catch a bid—and local equities tend to follow. 

Here’s the latest in the mix, the Korean Won:

Like many Asian currencies, the Won spent over two years grinding lower in a steady downtrend. Earlier this year, it undercut key support. But instead of breaking down, it snapped back violently. 

It’s a...

We have been talking about a major rotation in the metals space for months, and now it’s happening in real time.

Platinum is ripping... We just got long.

Dr. Copper is knocking on the door of new all-time highs. We outlined the breakout and target levels to watch on Friday.

And now, Silver is sprinting...

It’s up more than 30% off last month’s low and just printed a fresh multi-decade high.

We think this move is just getting started, and a run at the 1980 / 2011 peak near $50 is officially in play.

Here’s how we're trading it.

We just hosted a live breakdown of all the major commodity futures, including Copper, Gold, Cocoa, Crude, and more. 

From what’s breaking out, what’s lagging, and how we’re positioning.

If you trade commodities, this is must-see TV.

📺 Watch the full replay below 👇

We’ve talked at length about Gold’s breakout. 

But everyone has forgotten about Copper and other industrial metals.

Copper isn’t just some industrial input. It’s the backbone of the modern economy.

The price has gone nowhere for decades. But over that time, it has carved out a massive accumulation pattern that looks ready to explode higher.

This is a trade we’ve been preparing for, and it may finally be here.