---
title: "The Forgotten Trades Strike Back"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293390743.md"
description: "Quietly Heating UpSeveral neglected trades are starting to wake up at the same time. Oil has squeezed sharply higher, precious metals are pressing against key technical levels, and Treasury yields are once again flirting with a breakout. Whether these moves develop into something bigger may depend on whether the market is still underpricing inflation risks.Back with a vengeance"
datetime: "2026-07-21T22:00:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293390743.md)
  - [en](https://longbridge.com/en/news/293390743.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293390743.md)
---

# The Forgotten Trades Strike Back

## **Quietly Heating Up**

Several neglected trades are starting to wake up at the same time. Oil has squeezed sharply higher, precious metals are pressing against key technical levels, and Treasury yields are once again flirting with a breakout. Whether these moves develop into something bigger may depend on whether the market is still underpricing inflation risks.

## **Back with a vengeance**

### Related Stocks

- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [DBP.US](https://longbridge.com/en/quote/DBP.US.md)
- [SIVR.US](https://longbridge.com/en/quote/SIVR.US.md)
- [GLTR.US](https://longbridge.com/en/quote/GLTR.US.md)
- [PSLV.US](https://longbridge.com/en/quote/PSLV.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [AGQ.US](https://longbridge.com/en/quote/AGQ.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [ZSL.US](https://longbridge.com/en/quote/ZSL.US.md)
- [PPLT.US](https://longbridge.com/en/quote/PPLT.US.md)
- [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md)
- [PALL.US](https://longbridge.com/en/quote/PALL.US.md)
- [SLVR.UK](https://longbridge.com/en/quote/SLVR.UK.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [GLL.US](https://longbridge.com/en/quote/GLL.US.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)
- [SLV.US](https://longbridge.com/en/quote/SLV.US.md)
- [SLVO.US](https://longbridge.com/en/quote/SLVO.US.md)

## Related News & Research

- [REG - Golden Prospect Prec Golden Prospect-GPSS - Monthly Investor Report - June 2026](https://longbridge.com/en/news/294225126.md)
- [PRECIOUS-Gold climbs 1% as U.S.-Iran truce pressures oil; all eyes on Fed meeting](https://longbridge.com/en/news/293905926.md)
- [Oil slightly trims gains but tensions remain high](https://longbridge.com/en/news/293491461.md)
- [PRECIOUS-Gold slips as higher Treasury yields offset focus on Warsh's inflation message](https://longbridge.com/en/news/294304153.md)
- [PRECIOUS-Gold falls on firm dollar, spotlight on Fed's rate decision](https://longbridge.com/en/news/294037368.md)