Commodities Analysis & Opinion

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down four and three cents again, respectively, from...

Crude Oil is descending out of a triangle pattern. The daily graphs show clear signs of topping in the energy markets. The daily graph of Sep Gasoline RBOB has completed an 11-week H&S top pattern...

Here we are at the halfway point of the year, less than two months away from the Rio 2016 Olympic Games. As a group, commodities are the top performing asset class, beating domestic equities, the U.S....

WTI crude oil has surged 80% from a low of $26.19 in January. The rise was mainly fueled by one-off events such as the wildfires in Canada and attacks on oil production sites in Nigeria, which led to...

Crude Oil bounced back after the successive slides due to the market sentiments caused by the U.S. job data, however, the gains could be limited as the market weighs in the recent economic volatility....

Grain Reports Today and TomorrowToday we have weekly Export Inspections and Crop Progress. Tomorrow we have Wholesale Trade at 7:300 A.M. followed with Crop Production and USDA Supply/Demand at 11:00...

Risk On and Risk OffRisk on, risk off and risk all over the place. Crude oil prices are falling even as stocks fly in the aftermath of that blockbuster monthly jobs report. While stocks seem happy...

Crude followed the complex structure we wrote about last week and continued lower on completing (as of now) wave Y of this double 3 complex corrective pattern. Crude 4H Chart - July 11, 2016In this...

Crude oil support and resistance for the weekOriginal post

Gold's first encounter with long-term Fibonacci was problematic.Original post

Last week, gold extended it gains and continued to hike consistently higher amid further disappointments in the US fundamental result releases. The week saw not only contractions in the US Core...

Oil has broken out of the descending triangle formation and may be heading lower. Original post

Spot aluminum prices on the European market traded slightly lower last week as worries over Brexit and its impact on future demand influenced buyers. Wrote Donald Levit of Economic Calendar:...

The long-term outlook for silver is very positive indeed, but over the short to medium-term it looks set to react.On its short-term 3-month chart we can see that, after rising sharply late last month,...