Commodities Analysis & Opinion

Today I would like to update a few ratio combo charts as several are at a crossroads. This may shed some light on where the PM complex could be headed next. A couple of the ratio combo charts worked...

Oil is working its way back into the central banking and economic equation with prices now down 19% since the May 25 OPEC meeting. GBP was the top performer Wednesday while CAD lagged. The RBNZ held...

Crude Oil has fallen a massive 60% since mid-June 2014, as shown on the following graph. Yesterday it fell below 43.50—which I identified in my post earlier this month as a major support...

As the United States continues to push towards a military conflict with Russia, there will likely be no real winner when the dust settles. However, if we compare the these two superpowers in the...

You might have heard the news that the first new coal mine in a decade opened this month in a small Pennsylvania town called Friedens. The Acosta Mine—the output from which will be used in the...

Gold has had quite exciting trend these past days, being bearish since June 07. But are Bull's waking up or are we looking at a future downtrend on price?On the chart below we see that prices are...

Back in November 2016, we mentioned that gold should find buyers in 1540 – 1487 area and bounce ideally to resume the rally for new highs or in 3 waves at least. 3 weeks later, XAU/AUD reached...

After breaking below the bullish trend line from 1214.17 to 1258.92 at 1270 on its 4-hour chart, XAU/USD started a bearish movement from the June 6 high of 1295.94, and the bearish movement extended...

Ain’t No Cure for the Summertime BluesWe start off Summer Solstice with Existing Home Sales at 9:00 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. On the corn front...

Gold Today –New York closed at $1,243.50 yesterday after closing at $1,251.5. London opened at $1,246.00 today. Overall the dollar was slightly stronger against global currencies...

Gold’s intermediate cycle low is still 6 to 8 weeks away. Trader sentiment, technical conditions and price targets for both gold and miners are discussed.

Stocks, bonds and gold have all been moving upwards in 2017.Traditionally, gold and treasuries inches downwards as stocks climb upwards. However, in the past six-months this inverse relationship has...

In our previous article, we talked about the Bullish Palladium XPD/USD which is supporting the commodity market for another leg to the upside. To be able to join for the move higher, we need to...

For the second time in less than a week, the price of oil has dropped several percentage points over the course of several hours. On June 14, WTI dropped almost 4% to below $45 a barrel and on June...