Commodities Analysis & Opinion

Key Points: Price action trading near key reversal zone. RSI Oscillator close to overbought. FOMC rate hikes likely to start a significant slide in the gold price. Gold has seen a resurgence over the...

Natural gas futures price movement seems ready to make a move up to $3.333. It will be interesting to keep a watch on its movement, especially from February 28th to March 1st 2017. On analysis of the...

Yes, that’s oil STILL at weekly resistance.I’ll stick with just showing the daily chart here today, focusing on something that I haven’t brought up in any of the most recent oil...

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 a penny from last week. According to...

The gold price is powering ahead today, racking up its third consecutive day of gains as traders position themselves for a speech tonight by US President Donald Trump.At 5.21 (GMT) gold was trading at...

Gold has posted slight gains in the Monday session. In North American trade, the spot price for one ounce is $1260.49. On the release front, it was a mixed day for US data. Core Durable Goods Orders...

Gold prices are up more than 11% since bottoming last December. Their gains last week took the gold market right up to its 50-week moving average. In 2015, attempted rallies reversed at the 50-week...

Last week, as expected, gold priced in USD finally broke by the top the triangle formation (1) in which it was confined for the past 2 weeks. The next day the upward momentum continued with a break of...

Iran is up to their same old games writing checks they cannot cash even with all the gifts the last administration gave to them in order for them to play nice. It was more like extortion an there is...

In this Technical blog, we are going to take a quick look at the Gold 1 hour chart from Feb 21,2017. In which the bounce from 2/15/2017 low (1216) appeared to be in 5 waves sequence & the bounce...

Gold stuck between crucial support and resistance. Original post

For the past few weeks, oil has struggled to move past the $55 mark, see-sawing between $52-$54 a barrel. 2017 has been marked by low volatility, while the commodity is searching for a driver that...

Gold key to direction is strong resistance within the 1255/60 area. Try shorts with stops above 1265. However an unexpected break above 1265 is another important buy signal targeting 1269 and strong...

Gold prices have gained 9% this year, regaining much of the losses seen after the U.S. presidential election.A stronger dollar and expectations for economic growth drove investors out of the...