Commodities Analysis & Opinion

In a recent podcast interview with Tim Ferriss, Josh Waitzkin mentioned an interesting observation about interest rates. Josh is who the movie, Searching for Bobby Fischer, is based on. He’s...

WTI crude has topped almost exactly at strong resistance at 5325/35. Try shorts with stops above 5385. Only above 5395 is more positive, targeting the LATE December high at 5437 & the December...

I guess gold got tired of bitcoin having all the gains, as it busted above its small basing pattern and is resuming its rally (I’ve got small short positions in GDX (NYSE:GDX) and VanEck Vectors...

Christmas weekend I noted that set-ups such as we have been seeing in the VanEck Vectors Gold Miners Fund (NYSE:GDX)usually lead to strong rallies which can see a 10% move higher quite quickly. Since...

This time last year was the initiation of the great (99% increase) LME 3M zinc bullish trend. Tumbling prices had reached 1445 USD/ton on 01/08/2016 in spite of the extended fundamental comments about...

Good Morning!Conflicting weather reports finally hit and Baby its Cold Outside. The current Arctic blast will blanket coast to coast and according to the weather module, traders dismissed the original...

Gold has Formed an Inverse H&S Bottom for a Retrace to at Least 1250. Gold has formed an inverse head and shoulders bottom (red neckline) for a mandatory retrace to a megaphone VWAP at 1250. It...

Charlize Theron coated in gold seems a perfect way to kick off the New Year. And gold is rallying to boot. I have recently written that despite the rally in gold over the end of the year though, that...

Here is what i said about Gold on 1st of January 2017:5 Hr chart of 1st Jan reproduced below: Here is the weekly chart of Gold below: It seems that gold has found support near the 78.6% fibonacci...

Crude Oil is trading sharply lower today, probably at the end of black wave 1, after yesterdays sharp reversal lower took place from 55.22 level where a top for wave B) consolidation was found. A...

Gold holding above 1152 keeps bulls in short term control to re-target 1158/59 and last week's high at 1163. Further gains could be seen for an excellent selling opportunity at 1171/73. A high for the...

WTI Crude Oil first Fibonacci support at 5220/10 is key to direction. Holding here allows a recovery to minor resistance at 5280/90 but expect stronger resistance at 5325/35. Gains are likely to be...

While the December 31 selling in gold and gold stocks may have rattled gold bugs a bit, the fact is that gold begins 2017 in pretty good shape.Big fundamental themes that weighed on the...

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 seven cents each from last week. According to...