Commodities Analysis & Opinion

Gold today: New York closed yesterday at $1,234.00.London opened at $1,237.00 today. Overall the dollar was much weaker against global currencies, early today. Before London’s opening: The...

Oil CracksOil prices are trying to recover on a weak dollar after selling off yesterday on the August oil future contract expiration. Also on a prediction by the Energy Information Administration...

On analysis of the movement of Natural Gas futures price on July 18th, I find a tough resistance at $3.087 seems evident enough to form an Exhaustive Candle tonight. A downward move below $3,10 will...

What is already a global copper deficit could worsen this year with more mines expected to be affected by worker strikes in the coming months.According to a report by Reuters, South American copper...

Entering new shorts or liquidating longs in the rectangle area Original post

Waiting to exit longs or enter shorts in the rectangle area Original post

Short term we have started a new Trading or Daily Cycle. The much bigger question is have we also found a 5-6 month Intermediate Cycle Low? That is still an open question.I have gold on day 4 and GDX...

Gold was the main beneficiary of the U.S. dollar's woes overnight as oil consolidatesrecent gains.OilCrude paused for breath overnight with both Brent and WTI trading in a one-dollar range. It is...

Gold started the week with gains. In Monday’s North American session, spot gold is trading at $1234.23 per ounce. In economic news, the sole US indicator on the schedule, the Empire State...

Natural gas is moving higher and has taken out its May-July down trend line (3.02), positioning the price structure toward a challenge of the July rally high at 3.05. If that level is hurdled and...

Natural gas futures price seems to be facing tough pressure of Bears on every small rally. On analysis of the movement of natural gas futures price in 4 Hr. Chart, I find the thick presence of shorts...

Ole Doc Copper has had its head in the sand over the past 6 years, creating lower highs since 2011. During the last three years it also has created another series of lower highs as seen in the chart...

Good Morning!The changing weather extremes depending in what part of the country you are in is feast or famine, drought or flood. This morning we have Export Inspections at 10:00 A.M., NOPA Crush at...

Gold and silver prices have reached important long-term buying interest areas last week and we have the first reversal signs. If you have been reading my daily analysis in gold through my partnership...