Once Copper decisively cleared its multi-year resistance band, momentum snowballed – mirroring Gold’s earlier breakout and confirming the macro trend Gold had already priced in.
As Hansen puts it:
“Copper’s breakout confirmed the Supercycle is structural, not speculative. We’re dealing with chronic shortages and demand curves that cannot be satisfied at current production levels.”
Now Oil Is Coiling for What Could Be the Most Explosive Move Yet
With Gold and Copper already in full bull-mode, attention is now shifting to Oil – the Commodity that traditionally moves last, yet often moves strongest.
Oil prices have been tightening inside a multi-year compression zone for nearly three years.
As Hansen notes:
“Gold broke out first. Copper broke out second. Oil is still building pressure. These long, high-level consolidations rarely resolve sideways – and almost never at the end of a macro cycle.”
Energy remains the most geopolitically sensitive and the most supply-constrained segment of the entire Commodities complex. When Oil breaks out, Hansen warns, “it won’t be a gradual rally – it will be a repricing event.”
The structural backdrop reinforces this view: years of underinvestment, accelerating AI-driven energy demand, rising geopolitical risk premiums and supply chains stretched from North America to OPEC+ countries.
Many traders now describe Oil as the most asymmetric opportunity in global Commodities.
A Narrow Window Before the Oil Breakout?
With Gold and Copper trading at or near record highs, many latecomers fear they’ve missed the largest moves. Oil, however, is offering something far rarer: a giant, coiled, multi-year structure with every macro catalyst aligned to the upside.
The sequence is unmistakable, says Hansen: “Gold moved. Copper moved. Oil is next.”
If you missed the Gold breakout… If you hesitated on the Copper surge… Oil is your second chance – and it may be the biggest of them all.
According to The Gold & Silver Club’s latest research, the Energy phase of the Supercycle is shaping up to be fast, aggressive and highly asymmetric – the type of move that can redefine a portfolio in weeks, not months.
High-conviction opportunities like this do not come often. When they do, the window is narrow.
This is the moment to position before the next major leg of the Commodities Supercycle begins.