📈 SigmaTrader Blog

In recent days, commodities have started making clean breakouts, with precious metals like gold leading the charge.  Gold has been flirting with its all-time high, and just yesterday, it broke past a significant resistance level. Now, with nothing but "blue sky" ahead, the yellow metal looks poised for further gains as it enters uncharted territory. If you missed out on the gold setup, don't worry—we’ve been highlighting these opportunities . But gold isn't the only commodity breaking out. Palladium , another major player in the precious metals market, has also made a significant move. After breaking out, Palladium experienced a retest of its levels and is now soaring. Historically one of the more beaten-down commodities, Palladium has the potential for substantial gains if it continues its current bullish trajectory. And for those who feel they’ve missed both the gold and Palladium setups, there’s still Silver . Currently sitting at a key resistance level, silver co...

💛 Is the sky limit for Gold ?  As the market falls, gold is climbing higher. It is nearing a major resistance level that it has tried to break three times before. This will be the fourth attempt, and usually, this increases the probability of a breakout. If it breaks, the sky is the limit for yellow metal.