Commodities Analysis & Opinion

Gold Technicals: Feb. 12, 2016
By - Feb 12, 2016

Gold touched 61.8% Fibonacci at 1260.00 yesterday where it declined to trade between 50% at 1219.00 and the aforesaid levels. ADX remains positive along with moving averages and a break above 61.8% ...
Oil Technicals: Feb. 12, 2016
By - Feb 12, 2016

Bearish pressures have been witnessed on crude oil influenced by the bearish channel and trading below moving averages along with negativity on ADX and trading below 50.00 levels of RSI14. However, ...

Jason Sen
Crude Looks Ready To Rally
By Jason Sen - Feb 12, 2016 1

WTI Crude suddenly looks like it is ready to rally! I would actually buy oil with a wide stop below $26. A break above 2740 targets first resistance at 2810/15. We should struggle initially but ...

Anton Kolhanov
Gold: Uptrend Targets 1282
By Anton Kolhanov - Feb 12, 2016

Daily forecast Main scenario:Gold is trading along an uptrend with target on 1282 and its may be expected to continue, while pair is trading above support level 1238. Alternative scenario:An downtrend...

Tim Knight
Gold Rocks
By Tim Knight - Feb 11, 2016

After years of being a laughingstock, precious metals are getting the last laugh. I’ve been doing charts a long time and honestly, even I can hardly believe what a full-throated and uproarious ...

Phil Flynn
Oil Markets Are Stressed Out
By Phil Flynn - Feb 11, 2016 1

Global market stress is boiling over after Federal Reserve Chair Janet Yellen failed to assure markets that everything is going to be ok. With her pronouncement that the Fed could actually lower ...

Gregor Horvat
Look For Higher Gold Prices Ahead
By Gregor Horvat - Feb 11, 2016

Gold is very bullish lately so we will look for even higher prices ahead, but not from here. Notice that price is in fifth wave of wave 3 which is also having a five subwaves from 1181 so it makes ...