Commodities Analysis & Opinion

Gold most important of the day is obviously strong resistance at 1218/19. We may be witnessing the top of the bear market correction as bears sell in to this level. Shorts need stops above 1222, but...

WTI Crude first resistance at 5340/50 should still be key to direction & shorts need stops above 5370. Be ready to buy a break above minor short term trend line resistance at 5370. A break...

Here is what I said about gold on 18th January 2017: Here is the 5 hr chart of gold below showing its struggle around 1220 area: It looks like gold is loosing its steam at the resistance area of 1220...

Kind of overbought market with serious signals of getting out of oxygen Original post

Still waiting for the short opportunity of the year to come our way in silver Original post

We acknowledge the fact that gold is in a corrective wave up whose fragile nature is not a plus for buyers Original post

Key SummaryIndustrials were some of the biggest gainers in the post election rally, but that a lack of fundamental supports doesn’t support the recent price movement AK Steel Holding Corporation...

Last week has been volatile for energy prices. WTI crude oil fluctuated from 51.50 USD/barrel on Wednesday to the week’s closing price of 53.15 USD/barrel.Amongst the news having retained our...

Silver futures closed higher today, as new president Donald Trump began implementing his first policy changes, spurring demand in safehaven precious metals.For the full technical analysis, let’s...

In this video I take a technical look at the gap down in Cameco last week. Will it derail the uranium bull? Also I take a look at URA which saw big volume on Monday.Below you find the video..

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 both down another three cents from last week....

The price is moving near the local maximum of the last six months. The oil and metals price is growing against the significant lowering of the USD, which decreases due to the negative macroeconomical...

Gold bulls hope for a test of the descending triangle neckline. source: investing.com

Several times in the last 2 years the 200-day SMA acted nicely as resistance or support level for crude oil. This time around, price is above the benchmark, which is positive for a buy-the-dips...