🏭RAW MATERIALS RADAR
Commodities Pulse | Industrial Demand Reignites as Metals Break Correlation
📆 Tuesday, July 23, 2025
⏰ 20:00 BST / 15:00 EST
🌐 Coverage: Gold | Silver | Copper | Crude Oil | Platinum | Softs | Industrial Futures | Macro Commodities Outlook
🎯Executive Summary – Macro Flow Shifts Beneath the Surface
Despite relatively mild movement on the surface of global commodities, rotational dynamics within industrial metals and energy have revealed a stealth shift in positioning.
🔋 Copper broke its passive streak and is now leading the futures board — up +1.48%
🧪 Palladium (+1.20%) and Platinum (-1.02%) show a return of industrial vs. store-of-value divergence
🥇 Gold and Silver lagged, both underperforming — weakness continues in defensive metals
🛢️ Crude flat to lower, with Brent drifting while WTI is anchored near gamma pivots
🌾 Agricultural futures mixed, with orange juice and soybean oil strong, but sugar and wheat seeing renewed outflows
Institutional rotation is quietly shifting away from precious metals and back into industrial-use commodities — copper, steel, and energy products are catching macro flow tailwinds from China reopening whispers and manufacturing PMI stabilisation.
🔎 Futures Performance Table (Top Movers)
| Commodity | Change | Signal |
|---|---|---|
| 🟢 Copper | +1.48% | Institutional inflow, supply risk |
| 🟢 Palladium | +1.20% | EV demand + auto industrial bid |
| 🔴 Platinum | -1.02% | Outflow from low-beta metals |
| 🔴 Gold | -1.29% | No bid despite macro uncertainty |
| 🔴 Silver | -0.26% | Follows gold, but less weakness |
| 🟢 Cotton | +0.59% | Inventory reset trade |
| 🔴 Sugar | -1.41% | Heavy unwind — overbought flush |
| 🟢 Corn | +0.43% | Quiet accumulation |
🧭 Commodity Market Quadrant View
| Timeframe | Positioning Bias | Flow Rotation | Macro Take |
|---|---|---|---|
| Monthly | ⚖️ Neutral | Range compression | No broad trend confirmed |
| Weekly | 🟢 Risk-On | Industrial metals bid | Growth tilt returns |
| Daily | 🟡 Mixed | Gold/silver fade, copper surge | Rotation-based, not conviction |
| Intraday | 🔴 Risk-Off | Crude volume thin, metals volatile | No consensus, only tactical trades |
💡 Titan Flow Intelligence
Institutions are not chasing momentum — they are rebalancing based on macro slope changes:
Gold saw fresh outflows across futures desks as USD steadied intraday
Silver continues to decouple from gold, maintaining slightly better flow resilience
Copper is attracting rotational allocation — a signal often preceding emerging market strength or fiscal-led stimulus activity
Crude remains tightly coiled, awaiting a macro driver like inventory, OPEC adjustment, or geopolitical release
🧪 Technical Outlook
Gold (XAU/USD):
🔻 Below 2,400 with repeated rejection at 2,415
SL-heavy region near 2,380 likely to be swept before next bid appears
Macro thesis needs renewed inflation narrative to justify upside
Silver (XAG/USD):
Holds 38.80 short-term support — remains correlated to risk assets
Volume declining — signal exhaustion in place
Copper (HG1!):
Break above 4.42 will confirm flow shift into reflationary trade
Momentum building on relative basis — outperforming both oil and gold
🧱 Positioning Heat – Top Institutional Zones (from Titan Futures Desk)
| Asset | Key Zone | Flow Implication |
|---|---|---|
| Gold | 2,420–2,430 | Heavy call wall |
| Silver | 39.20–39.50 | Gamma pocket, chop zone |
| Copper | 4.35–4.50 | Institutional range build |
| Crude | 66.00–69.00 | Dealer pinned range |
🧠 Titan View – Final Take
This is not a full reflation breakout, but the early footprints of one.
Institutions are:
Reducing exposure to passive hedges like gold
Allocating tactically into high-beta industrial names
Watching for China PMIs, EM flows, and energy supply shifts
The metal board is whispering, not shouting. But in institutional flow, the whispers matter more than the noise.
📌 Watchlist for Wednesday
HG1! Copper: Range expansion signal developing
XAGUSD Silver: Compression likely to resolve post-FOMC
ZS1! Soybeans: Risk window building for USDA surprise
CL1! Crude Oil: Any break of 68.00 will trigger volatility zones
Best Wishes and Success to All
🛡️ Take Profits, Not Chances.
💰 Manage Risk to Accumulate.
🎯 React with Clarity, Not Hope.
Titan Protect | Market Structure. Flow Intelligence. No Noise.
⚙️ Views are Personal & Educational, reflective of our Analysis and Research.
📉 Commodities Pulse data reflects macro-aligned futures and spot readings as of July 23, 2025, 20:00 BST
✍️ Analyst: Titan Protect | Commodities & Futures Macro Division
⚠️ Educational content only. Not investment advice. Titan Protect does not offer financial services or broker recommendations.
