Commodities Analysis & Opinion

by Chaim Siegel of Elazar Associates LLCGold prices have been down for nearly two straight weeks. Any lower and you break an uptrend, which is worrisome. There are three factors bothering gold which...

Gold prices halted their recent slide albeit by the smallest of margins Wednesday gaining a whopping $2.40 in value to close at 1245.8 basis August futures. There seemed to be a reluctance of selling...

Gold and gold stocks are setting up a basing formation that will eventually resolve into a big move higher or lower. Sentiment in the gold market is bearish and the media is totally ignoring the gold...

The oil collapse is about to trigger a crisis in junk bonds.Oil has been going straight down for weeks now. As we write this, black gold is below $43 a barrel, down 16% from its levels a month...

Gold is showing little movement in the Wednesday session. In North American trade, spot gold trading at $1244.59 per ounce. In economic news, Existing Home Sales improved to 5.62 million, beating the...

Key Points: Crude oil (WTI) prices fall below November low Shale oil gaining in technological advantage Watch for continued downward pressure as crude oil markets continue to rebalance The price of...

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...

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...

I have opined on my bullish perspective on natural gas for almost a year. I recommend (if you do not currently follow my analysis) to read previous articles on the subject. For those who read my work...

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...