Commodities Analysis & Opinion

Tom Cloud provides an update on the Chinese SDR and gold announcement. He discusses several reasons why the Chinese have not made public how much gold they hold in their official reserves. This is the...

The recent decline in US crude inventories can be attributed mainly to seasonality and a strong hurricane season.Recent OPEC talks on cutting output provide an additional argument for maintaining high...

Aluminum prices have risen this year, but not as much as other base metals. Aluminum continues to struggle near $1,700/mt, a level that prevented prices from rising three times this year. Three-month...

As the colder months approach, we continue our heating oil update for the season. Last year's winter was warmer than average and saw a continued drop in heating oil prices, but with a slight uptick...

Key Points: Gold has recently broken through the 61.8% Fibonacci level. Parabolic SAR ready to reverse its bias. Long-term bias remains bearish for the metal. Whilst the medium to long-term bias...

Markets are breaking the rules and it is mostly due to various forms of intervention (opinion). Crude oil prices firmed up on news of tighter than expected inventories, but it was also helped along by...

Tin prices saw a boost this week due in part to reduced output from Myanmar, a key producer of the metal.According to a report from Reuters, other base metals including zinc, also climbed this week...

Crude oil is flirting with a trend reversal.Crude has been confined inside of a narrowing pennant pattern for the past few months. A couple of weeks ago, it started trying to break above pennant...

Silver broke beneath 18.30 level, but higher degree charts still show three waves of a decline from above 21.00 area. It's a correction within ongoing uptrend that will be expected to resume later...

There is growing evidence that not only is the global oil market back in balance, but there is a strong possibility that global demand is already outstripping daily oil output. Another big drop in US...

Tonights EIA Inventory figures will have more importance to crude oil's direction than the 3rd presidential debate. We look at a couple of possible storm clouds that may spoil oil’s party.West...

Weekly forecast, October 18 - 21: uptrend to 1294 Main scenario:The market is trading along an uptrend with target on 1274 and 1294, that may be expected to continue, while market is trading above...

Bullish W scenario still on the table for CrudeOriginal post

Shorting level getting closer at 1.286 todayOriginal post