Commodities Analysis & Opinion

Oil long positions culled after an ugly drop; gold continues to drift ahead of the weekend’s election.Oil Both Brent and WTI collapsed some 4% overnight in a straight line. Brent spot trading...

Theresa May has called a snap general election in the U.K. What does it imply for the gold market?Yesterday, Theresa May, the British prime minister, announced that she wanted to hold a snap general...

The gold price is taking a breather today after yesterday’s gains on the uncertainty of the upcoming UK elections, but according to one analyst a new all-time high could be in the making.At...

Natural Gas futures price after moving into a narrow range, what I defined as a ‘Fresh Buying Zone’ in my last analysis, seems to take a directional move before the impending inventory...

With the break-out over the prior week’s high, we now have structures in gold and silver off the March lows, which can be considered strongly impulsive. And, as I have noted many times in the...

In the U.S. overall petroleum inventories continue to fall as the petroleum oversupply drain game has begun. Not only did we see the API report an 840,000 barrel drop in crude oil inventory but also...

WTI crude first support at 5225/15 likely to break today to target support at 5130/20. This should be an excellent buying opportunity with stops below 5095. An unexpected break lower targets...

Gold shorts at 4.5 year trend line resistance at 1292/94 working perfectly again today as we look for first support at 1283/82. Obviously I am looking for a correction now and below 1280 keeps the...

Gold is a favorite asset among day-traders traders, and for good reason. The commodity has long been the go-to safe haven of the world, making it relatively easy to predict where it is headed moving...

The price of Gold has been on a tear since mid-March, and the largest tracking ETP, GLD (NYSE:GLD) (Expense Ratio 0.40%) today is trading at its highest level since last November — before...

What is the very big picture of spot Gold telling us, if anything? That there is a very bullish outlier scenario that could be unfolding…We can make the case that all of the action from 2013...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up one and two cents each, respectively, from last...

Gold has posted gains on Tuesday, erasing most of the losses which marked the Monday session. In North American trade, gold is trading at $1289.78 per ounce. On the release front, US construction...

The big trade of this year would position one for the upcoming US recession. When it comes to speculating and investing, if one can get the main concept right, everything else falls into place....