Commodities Analysis & Opinion

Gold hit the target 1328/27 target and bottomed exactly here as predicted. Although this should be the best support for Monday it looks likely that further losses are seen and a break below 1325...

After what happened on Friday many Precious Metals sector investors are naturally concerned about the effect of further heavy losses in the broad market on the sector. Let’s now review...

The prices of both metals were down last holiday-shortened (Labor Day in the US) week, especially on Friday. The decline corresponded to a spike in interest rates.Of course everyone watched the action...

The failure of gold and gold stocks to sustain recent gains coupled with a strong selloff to close the week dashes any hope that the correction ended last week. The charts and probabilities argue that...

Natural Gas is Working on a Megaphone Bottom (Blue) Natural gas is in the middle of working on some kind of bottom–a megaphone bottom, the inverse H&S with a pink neckline, or a larger...

Gold: With the commodity declining on correction the past week, more weakness is envisaged in the new week. On the downside, support comes in at the 1,320.00 level where a break will turn attention to...

CFTC COT data shows speculator’s slashed oil bets last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil speculators sharply decreased their overall bullish bets...

Yesterday, the European Central Bank released its most recent monetary policy statement. What does it imply for the gold market?It was a busy week for central banks, as the Bank of Canada, the Reserve...

Let’s analyze the chart below, which shows how gold performed in each year of the U.S. presidential election cycle. The first year of a presidency is a post-election year, the second is called...

It was a roller-coaster week for crude oil prices. The market moved sharply up on Monday, September 5, climbing to 46.51 during the European session. Then is suddenly fell back to 43.82. And just when...

Here is a brief excerpt, with updated charts, from a recent commentary posted at TSI.If you read some gold-focused web sites you could come away with the belief that movements in the gold price are...

Gold did not manage to break above $1,350 and got rejected at the downward sloping trend lines connecting previous highs. The bullish scenario I posted yesterday depends on whether we break $1,300 or...

On the 4h chart of crude oil we have seen a very deep retracement from 49.35 to 43.00 but in three waves which means that it can be a corrective move.An updated count shows idea of wave two pullback...