Commodities Analysis & Opinion

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...

It looks like the animal spirits continue to run strong for equities, as just about every asset class is in the green. One zone in particular that appears to be breaking out for another leg up is...

Could higher crude-oil prices create a positive ripple effect on stocks globally? It's possible. Has higher crude prices always correlated with higher stock prices? No.Below looks at crude's price...

Ring In the New Year Oil Bull MarketOil prices are springing up into the New Year as signs that OPEC will comply with production cuts is giving the market a boost. This rise comes despite a dollar...

One of the most annoying claims made by manipulation-focused gold-market commentators is that evidence of market manipulation constitutes evidence of long-term price suppression. The claim is annoying...

We’ll remember 2016 as the year in which steel prices bottomed out thanks to higher-than-expected demand in China.China, once again, increased infrastructure and property construction spending....

WTI Crude bottomed just 1 tick from support at 5340/30 on Friday. A break below here today is possible and targets 5270/60 but if we continue lower look for 5230/20 before an excellent buying...

Gold first resistance at 1152/53 but above here targets 1158/59. We need a break above last week's high at 1163 for an excellent selling opportunity at 1171/73. A high for the recovery is expected...

In this article, I'll take an in-depth look at gold and especially the long term view of where it's headed. Again, this is just for entertainment purposes only until gold can close below a very...