Commodities Analysis & Opinion

SummaryVanEck Vectors Gold Miners (NYSE:GDX) was 29.94 when I said gold miners decline coming. It’s 24 now, a 19.8426.61% decline. Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG)...

Wowww. What about that drop in gold.The largest single day fall in just under THREE YEARS! The drop has been today attributed to the Richmond Fed President Jeffrey Lacker’s urging of the central...

Key Points: Bullish pennant remains in play for silver. Stochastics have moved into oversold territory. 100 day EMA providing dynamic support. Due to an ongoing consolidation phase, silver prices...

November crude oil continued to follow through to the upside on Tuesday, October 4, 2016, making a new high for the move and nearing resistance levels at 49.36 with a high of 49.26. The close above...

Trendline support at 2.80Original post

Below looks at silver on a monthly basis -- back to the 1970s. Since the 2011 high,silver has created a series of lower highs and lower lows.An important cluster is in play for the metal, and it has...

Gold broke to the downside which I assumed it will happen as bearish momentum was increasing over the last few days. Gold is now beneath 1300 area, so I reviewed the wave count on higher time frame...

Well, everyone’s been very excited about the WikiLeaks announcement from Julian Assange. This has been anticipated for months and there were plenty of folks who thought there would be some...

Oil price is forming an upward sloping wedge pattern with multiple bearish divergence signals by the oscillators. Short-term support is at $48.20 and a four-hour candle close below it will confirm the...

Key themes The UK's decision to exit the EU has not had a significant impact on global financial markets, including commodity markets, and in September the Federal Reserve decided yet again to hold...

Natural Gas is back into its summer trading range, but lots of support just below can keep this corrective wave short.Original post

Crude Oil with bullish momentum, on the high end of the “bullish W” formationOriginal post

Gold buyers need to show their hand soon.Original post

The metronomic price action for gold is continuing to play out once again on the daily chart, with the rally of late September starting to wane once again, as the precious metal descends once more to...