Commodities Analysis & Opinion

Gold: All eyes on neckline resistance Original post

The gold price remains stable and relatively unchanged today, hovering around the $1,237 mark, having made a remarkable recovery since November and some are predicting that the rally still has a long...

Gold has turned nicely bullish two months back with clean five waves up from 1120 area, which means that trend has changed from bearish to bullish mode. However, nothing moves in straight lines so...

Source: MetalMiner IndX Zinc hit a record shortage in 2016. According to the International Lead and Zinc Study Group, zinc registered a deficit of 286,000 metric tons last year. Global usage of...

Something quite interesting has taken place at the world’s largest gold miner over the past few years. While certain mining costs, like energy, have declined since the price of oil plummeted...

WTI crude same levels apply for today with resistance at 5345/55 holding perfectly on Thursday and Friday. Above 5375 today, however, meets resistance at 3 week highs at 5430/34. On a break higher...

Lately, it seems like bearish stock pile builds can't knock the price oil down.OPEC In this alternate reality we’re living in, OPEC is NOT cheating. I have to admit, I didn’t see that...

Having a week ago penned "Gold Reaches Resistance - Now What?", 'tis apt we now pen "Gold Getting Repelled by Resistance - That's What!" for 'twas the case over these past five trading days. Price...

In Sweden , the week ahead contains mainly business and consumer confidence (Friday, at 09.30 CET) data from the National Institute for Economic Research (NIER), which is interesting but, alas, not as...

Right now there are two conventional propositions behind the “reflation” trade, and in many ways both are highly related if not fully intertwined. The first is that interest rates have...

WTI Crude Oil Non-Commercial Positions: Large speculators and traders continued to push their bullish net positions higher in the WTI crude oil futures markets last week, according to the latest...

Gold Non-Commercial Positions: Large speculators and traders reduced their bullish net positions in the gold futures markets last week for a second consecutive week, according to the latest Commitment...

Silver Non-Commercial Positions: Large speculators and traders continued to raise their net bullish positions in the silver futures markets last week, according to the latest Commitment of Traders...

Copper Non-Commercial Positions: Large speculators and traders decreased their net positions in the copper futures markets last week for a second straight week, according to the latest Commitment of...