Commodities Analysis & Opinion

Up until recently, we had been speaking about shorting gold on the blog. Price was sitting at a major higher time frame resistance level and the opportunity was there to manage our risk around it.But...

Gold is showing little movement in the Wednesday session, after recording considerable losses on Tuesday. In North American trade, spot gold is trading at $1263.94 per ounce. Gold June futures have...

On Tuesday, the price of gold fell to a two-week low on the French election. What does it mean for the gold market?As we reported on Monday, the first round of the French election is over: Macron and...

On analysis the movement of gold futures price in different time zones, I find that the gold futures price seems ready for an upward voyage after getting a good support at $1262. Gold futures price...

Crude Oil

Gold

Corn Rallies – What HappenedThe grain complex has been completely under pressure and the old adage of rain makes grain and the thoughts of this rainy storms across the South, Plains and Mid-West...

Tedious TradingThe oil trade has become tedious with a bigger dose of monotonous heaped inside. Not even another conflict with Iran or a drawdown in oil inventory could wake this boring market up out...

OPEC’s May 25 meeting, at which ministers will consider extending their production cut agreement, is now a month away. Most signals currently point towards an extension for at least another...

The US Department of Agriculture (USDA) reported a decline in the stocks of frozen orange juice and a drop in crops. Will the orange juice prices rise?According to data on 03/31/2017, the stocks of...

Natural Gas Futures: Bullish flag on the hourly Original post

Crude oil graph showing where the uptrend will be considered finished. Original post

Gold: From a longer-term perspective this is a bearish flag. For shorter-term oriented traders the trading channel (price now going south) is what to work with. Original post

The gold market continued its slide Tuesday trading down to its lowest level in two weeks, briefly trading below the 200 day moving average at 1265.4 an ounce before settling just above it at 1267.1....