Commodities Analysis & Opinion

XAU/USD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 already.On the upsideOn...

Gold: Expecting some profit taking next Original post

Aluminum may have been the best-performing metal on the LME this year, but copper is making a good showing, too, with the price hitting a 4 1/2 month peak last Friday.Supporting the price earlier this...

Natural Gas futures price tried to move inside the long term “Bears Trapping Zone” on July 24th, 2017 at 12:00:00 since the announcement that the weather system with powerful thunderstorms...

Today I want to discuss reports that global debt levels are at all-time highs, and what this means for your investment decisions going forward.But first, a few comments about last week. I recently...

Silver (“Ag“) junior stocks have been destroyed over the past 3 months through July 17th. Not even companies (near to) or in production have been spared. Of course, the Ag price is the...

Gold is almost unchanged at the start of the week. In Monday’s North American session, spot gold is trading at $1256.01, up 0.07% on the day. On the release front, Existing Home Sales dropped to...

OPEC and partners meet in St. Petersburg where the Saudi energy minister says he expects a deep cut in nation’s August exports.Saudi Arabia’s Al-Falih says; Mechanisms are in place to...

Gold today: New York closed Friday at $1,254.30.London opened at $1,254.00 today. Overall the dollar was weaker against global currencies, early today. Before London’s opening: The GBP/USD was...

Oil Traders Focus On St Petersburg Meeting Oil traders have only one thing on their mind- meeting between six OPEC and non OPEC ministers in St Petersburg. Hopes were high that perhaps they get some...

Increase in the world supply of riceChina is selling rice reserves of the 2013 harvest from its state reserves. Will the rice prices fall?On Wednesday, July 19, 2017, the Chinese National Grain Trade...

Natural Gas futures price movement since the opening on first trading session seems ready to move upward tonight.Have a nice trading time.

Mirroring view favors the bearish scenario on NG Original post

Double top on the 5-hourly Crude chart Original post