Commodities Analysis & Opinion

In this post, I'd like to look at some gold charts, since the yellow metal has been showing some relative strength since October. We can even go back to February of this year which shows a possible...

Gold Rises Ahead Of U.S. Presidential ElectionGold rose on Wednesday, shrugging off signals from the Federal Reserve that it could hike interest rates next month, as uncertainty over the outcome of...

The last couple of weeks have not helped OPEC convince the Oil Market that they are going to be able to come together and make an organized production cut and tighten the oil market going forward.Act...

We delve into the EIA Oil Report, which was an inline report overall. The only thing that stood out like a sore thumb, was an unusually large import number that came out of nowhere, and doesn`t match...

Key Points: US Election continues to buoy safe haven investments. EMA bias reverting to bullish. Parabolic SAR retains a bullish bias moving forward. From a fundamental perspective, it’s easy to...

The FED left rates unchanged as expected. The dollar has crashed the last few days and needs to find support immediately. Oil prices continue to drop as inventories grow and production freezes were...

Important breakout in gold and space up to 1,327. source: investing.com

The article aims to provide price forecasts for commodity futures for November 04, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from September 30, 2016...

Both the API and EIA Weekly Inventory reports showed huge builds of 14 million barrels, which pummeled the price from $47.50 to $45 just since Tuesday evening -- after oil already had pressed from its...

US crude is looking at a fourth straight losing session, as WTI/USD continues to slide. In North American trade, the pair is trading at $45.28 per barrel. Brent futures are trading at $46.63, as the...

Silver is higher, now slightly above 18.60, but five subwaves up in extended blue wave three and divergence on the RSI suggests a short-term retracement. Ideally a pullback will show up down into wave...

Yesterday’s trade had its share of headlines, with the election so close and the market priced in one candidate's victory and now investors are back-pedaling as the election is now up for grabs....

Gold has topped exactly at strong resistance at 1292/94. This is the main challenge for bulls today and could be worth profit taking on our longs from 1272/73, but shorts look risky. If you do try...

WTI crude tests good support at 4625/15 and this is key to direction today in oversold conditions. THIS IS THE ONLY AREA WORTH TRYING LONGS TODAY. If you try use a stop 4580. A break below 4570 then...