Investing
Haven
No Result
View All Result
Forecasting Global Markets
  • Login
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
  • Top AI Stocks →
  • Top Silver Stocks →
  • TOP ENERGY STOCKS →
  • Top Lithium Stocks →
  • CRYPTO SELECTION →
Investing
Haven
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
No Result
View All Result
InvestingHaven
No Result
View All Result

Commodities Outlook 2023

A bi-furcated commodities market outlook for 2023, only a few commodities will be bullish while most will be neutral

by Taki Tsaklanos
December 11, 2022
in Forecasts
0
Tags: 2023 Forecasts
commodities investing
Share on FacebookShare on Twitter

Our commodities outlook 2023 is neutral for most commodities. In fact, we believe that 80% of commodities will not be worth an investment. What about the remaining 20%? There is a handful of commodities that are worth watching, and only a few that are worth being invested in. As we’ll see in this article the divergence between commodities is really significant. Our top pick? Silver! We said so many times and are only more convinced with recent data points that all underpin the BIG silver bull run to start in 2023.

We wrote quite some articles lately about commodities and their outlook in 2023. This is an overview:

Silver Price Forecast For 2023 and Gold Price Forecast for 2023

Silver: A Divergence Of Epic And Historic Proportions

Uranium Market Outlook 2023: Bullish Bias

Nickel About To Heat Up As 2023 Kicks Off

Lithium Forecast: Lithium Stocks Will Be Wildly Bullish In 2023

A Very Bullish Graphite Stocks Forecast For 2023

Which Green Battery Metal Looks Best As 2023 Kicks Off?

How To Play The Green Battery Super Cycle In 2023?

In our chartbook 2023 we included 120 must-see charts and summarized it with 12 conclusions. In this commodities outlook article we’ll feature one of those conclusions, particularly about the commodities market. Readers are encouraged to sign up to Momentum Investing to access the chartbook, it is a must-read document.

An anomaly in the commodities market

Let’s face it, 2022 was an anomaly year. We noticed so many unusual things and events. We wrote about this:

2022 Market Anomaly: Can Commodities And The US Dollar Rise (and Top) Concurrently?

Strangely, most commodities were moving higher in the first 6 months of 2022 amid a rising USD. In the 2nd half of 2022, most commodities topped as the USD topped.

Please read the above sentence a few times. This won’t occur again in our lifetimes, rest re-assured.

Commodities Outlook 2023: overview

From our 2023 chartbook we are going to summarize the conclusions specifically for the commodities market. As said, we encourage readers to sign up to Momentum Investing to access all 120 charts and all sector trend conclusions, beyond commodities.

  • The few commodities that have a bullish setup or bullish bias as metals and alternative energy related commodities.
  • Commodities that do not look good: agriculture, coffee, cotton.
  • Commodities with an unclear setup: crude oil, natgas, soybeans.
  • Commodities with a bullish bias: gold, base metals, aluminium, uranium.
  • Commodities that stand out: silver, steel, sugar.

We’ll pick out three commodities to visualize the bi-furcation that is currently dominant in the commodities space. It also illustrates our commodities outlook 2023.

Commodities Outlook 2023: strongly bullish

Silver is probably the most promising commodity for this decade.

We write a lot about silver both in the public domain (silver tag) but also in our premium services. Silver has a track record of running very hard and fast, in both directions. There is a very good reason why silver is called the restless metal.

The 20 year silver chart makes the point: a multi-decade rising trend was tested a few months ago. First bullish target around 36 USD/oz consistent with our silver price forecast 2023.

In our Momentum Investing service we featured our top silver selection, on December 1st, in a premium article entitled The Silver Market Long Term Very Bullish. Our Silver Mining Top Picks.

Commodities Outlook 2023 bullish

Commodities Outlook 2023: bullish bias

Steel stocks don’t look bad. They have a bullish bias going into 2023.

SLX ETF, representing steel stocks, needs to clear 66 in order to confirm its bullish intent.

Interestingly, the long term moving average is still rising!

Commodities Outlook 2023 neutral

Commodities Outlook 2023: bearish

On the flipside, agricultural commodities do not look good. A multi-decade triple top was set in 2022. Although this market is not necessarily going to crash it certainly seems unlikely that it will move to ATH.

Commodities Outlook 2023 bearish

By comparing the 3 charts readers should get a sense of the bi-furcation that is currently dominant in commodities markets.

We firmly believe that silver is one of the few commodities along with green battery metals to be invested in this decade.

 

Must-Read 2023 Predictions – We recommend you read our 2023 predictions as they are very well researched:

  • 1

    A Gold Price Forecast for 2023

  • 2

    A Stock Market Crash In 2023?

  • 3

    A Silver Price Forecast For 2023

  • 4

    Forecasting The Next Bearish Turning Point. Hint: No Secular Bearish Turning Point In 2023.

  • 5

    Our XRP Price Forecast Of 10 USD Is Now Confirmed

  • 6

    Dow Jones Historical Chart On 100 Years *Must See Charts*

  • 7

    5 Investing Tips For 2023 *Update*

  • 8

    Silver Stocks Outlook For 2023

  • 9

    Commodities Outlook 2023

  • 10

    Which Sectors Will Be Bullish In U.S. Markets In 2023?

  • 11

    Lithium Forecast: Lithium Stocks Will Be Wildly Bullish In 2023

  • 12

    Why Markets Should Resume Their Uptrend The Latest In March of 2023

 

Receive our weekly newsletter.

*We hate spam as you do.

premium service trade alerts   premium service trade alerts   premium service crypto teaser  
WARNING: InvestingHaven.com, our site, is not affiliated and has no connection whatsoever with Invest Haven Group on Invest-Haven.com or Investing-Haven.com. InvestingHaven.com did not have and will never have sales reps. Do not accept financial offers, certainly not by telephone, this is why >>
Taki Tsaklanos

Taki Tsaklanos

Taki has +15 years of experience in global markets. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. Twitter: twitter.com/investinghaven

Latest

stocks forecast

How To Know When The S&P 500 Confirms A Bullish Turning Point?

September 28, 2023
cryptocurrency forecast prediction

The Most Bullish Cryptocurrency Chart Setup Of October 2023

September 28, 2023
leading indicators

Will The S&P 500 Find Support At Its 200 Day Moving Average?

September 24, 2023
uranium stocks

Is The Breakout In The Uranium Market Confirmed?

September 24, 2023

Connect with InvestingHaven

Receive top notch forecasts for free.

*We hate spam as you do.

Categories

  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto

Site Navigation

  • RSS Feed
  • About us
  • Mission 2026
  • Sitemap
  • Privacy & Disclaimer
  • Terms of Service
  • InvestingHaven vs. Invest-Haven
  • Contact Us
Investing
Haven

Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Many investing tips and crypto market analysis.

Copyright © 2023 InvestingHaven

No Result
View All Result
  • 2023 Forecasts
  • Stock market
  • AI Stocks
  • Alternative Energy
  • Lithium Articles
  • Lithium Stocks
  • Silver Articles
  • Silver Stocks
  • Crypto Articles
  • Premium Crypto Research
  • Premium Services & MyAccount

Copyright © 2023 InvestingHaven

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    InvestingHaven.com honours your privacy. Read our Privacy Policy