Commodities Analysis & Opinion

Gold’s inability to trade at higher levels following last week’s Fed meeting should be a short term cause for concern for the bulls. The concern comes on a few fronts. First,...

Crude Oil: Short term Elliott wave count suggests that pullback to 42.74 at 9/16 ended wave X. The rally from there is unfolding as a double three where wave (w) FLAT ended at 46.52, wave (x) ended at...

By David Smith, Originally Published on Money Metals ExchangeIn all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play...

Looks like the OPEC Meeting in Algiers represents another missed opportunity for oil producers to show the world that they can act with discipline.After Wednesday morning's knee-jerk, upside reaction...

Over the previous two weeks, the price of WTI has lost 0.28% and declined to $44.83/bbl. On September 16, the price reached its two-week low of $43.18/bbl. We consider the level of $42.7-43/bbl as a...

Good Morning,Talking Heads Talk, but no agreement reached? Not so fast. Khalid al-Falih Saudi Arabia’s oil minister was quoted that a deal may not be reached until the November 30 OPEC meeting....

What does last week's data on housing and manufacturing mean for the gold market?We recently focused on the last FOMC meeting and the presidential debate. Now we'll look at the latest U.S. economic...

Long-term crude oil uptrend line still intactOriginal post

Gold support and breakout resistanceOriginal post

Gold price has broken short-term support yesterday and is pulling back towards important short-term support at $1,320. Price is expected to reverse upwards from current levels. The rejection below...

Gold Long At 1328.00Gold prices slipped on Wednesday to touch a one-week low, after suffering its biggest single-day loss in nearly a month in the previous session, on a firmer dollar. The safe haven...

Crude gained $1.45/bbl. last week closing at 44.48 even after a $1.84 loss on Friday. Since the August high, crude looks like a descending triangle (bearish). The upper trendline passes through 46.75...

November Crude Oil reversed course on Tuesday, September 26 2016, trading lower as conflict between Saudi Arabia and Iran dampened expectations for a freeze deal to emerge from Algeria. Saudi...