Commodities Analysis & Opinion

US crude has been up-and-down throughout the week, but has taken a breather and is unchanged on Thursday. In the North American session, WTI/USD futures are trading at $46.91 per barrel. Brent crude...

As expected, Gold failed at the price of 1385, and has been attempting to find a mid-term direction since then. The commercials are continuing to provide us with a very clear short setup with a...

It's been two months since Brexit temporarily shocked global markets.Major indexes around the world have since recovered, with even London's FTSE 100 Index well above pre-Brexit levels. For...

During the trading session earlier, iron prices nudged down mid the speculated fear that commodities are set to slump as the Chinese economy struggle to find recovery. Market experts also warned the...

On Monday, Libor hit a 7-year high. What does it mean for the Fed’s stance and the gold market?The London Interbank Offered Rate based on the U.S. dollar has recently been rising, as one can see...

Iron ore prices have done an amazing job of defying gravity. The price has risen 41.7% this year after three straight years of losses, according to Australia’s Business Insider.Prices for 62%...

Since our previous analysis, gold has been trading downward. The price tested the level of $1,322.45 in an high volume. According to the 4H time frame, I found a broken trading range. The price broke...

Copper prices fell to their lowest level in two months on the London Metal Exchange Wednesday. Copper started the year bullish, but ever since prices have struggled near $5,000 per metric ton as...

Active Hurricane SeasonThe grains are trading easier this morning on light volume and the recent spike in soybeans prices lead to farmer selling. And any rally in grains will invite farmer selling. In...

Here’s something we haven’t seen in weeks -- a couple of proximal down-days in crude oil. Weeks ago, crude was a reliable down-every-day market, but then it turned into an up-every-day...

Gold is Approaching Its Head and Shoulders Neckline (Red) Gold is approaching its head-and-shoulders neckline or potential triangle bottom (red). It could bounce off that neckline to complete a...

Below looks at the oldest miner index in the states -- XAU -- over the past decade. The XAU appears to be kissing potentially important resistance levels. All mining indices are strongly up this year...

Good Morning!The Grains are trading easier this morning on light volume and the recent spike in Soybean prices lead to farmer selling. And any rally in Grains will invite farmer selling. In the...

Well, that spiffy little symetric triangle I discovered on gold turns out to be reasonably important. We continue to weaken on gold (and, consequently, miners). Here’s the front month: As for...