Commodities Analysis & Opinion

Copper is an industrial metal that is in demand. Copper's outlook has been negative, because of a surplus leading traders to short this metal. However, like all commodities, there is a cost of...

Crude oil's correction of the August up-leg continues off of the Aug. 19 high at $48.75 and has sliced beneath key 50% retracement support at $44-$43.80 en route to a possible challenge of the 62%...

Oil is at a Critical Decision Point of the Blue Price Channel Plus Neckline of Red Flat-Bottomed Megaphone. After breaking out of its H&S with a right shoulder triangle (purple neckline), oil has...

#9 is Officially Tropical Storm HermineNow Tropical Storm Hermine is following the trajectory that forecaster predicted moving north-northeast at 10 knots. The cone has the storm making late tonight...

Funds Flee and Saudis Suggest Crude oil prices got hammered as record long hedge funds wanted to book profits on the last day of the month. Hedge funds wanted to take profits because despite the big...

Gold: Buy At 1,270Gold dropped to its lowest in over two months on Thursday, as European shares rose, while investors waited to see if U.S. jobs data could put the Federal Reserve on track to hike...

Bullish “cup and handle” formation for Natural Gas with variety of stops at $3 waiting to be hitOriginal post

Layers of support between 1,304 and 1,254 for goldOriginal post

Silver traded yesterday between 18.80 and 18.35 range.Weekly pivot is 18.72, price was below it most of the time which indicates a more and more downward trend. Support points at H4 chart: S1 18.63,...

Domestic steel flat product prices fell in August. It was about time after U.S. steel prices had risen for six consecutive months. US HRC prices fell in July and August. Source: MetalMiner...

October Crude Oil broke down on Wednesday, August 31, as US crude oil inventories surprise with a larger than expected increase. The EIA report showed overall crude oil inventories increasing by 2.276...

Oil broke down further on Wednesday. The ostensible trigger was the larger-than-expected build in US inventories. However, the price of oil has been trending lower since the beginning of last week. It...

Reuters’ Andy Home recently examined the correlation between Chinese copper exports and London Metal Exchange warehouse arrivals. Source: Reuters, China Customs and the LME.