Commodities Analysis & Opinion

Equity and currency markets settled down on Tuesday as comments by Mario Draghi calling for Central Banks to “align polices on a shared diagnosis of the root causes of the challenges that affect...

We continue our updates on the state of the U.S. economy. Today, we focus on the latest inflation and housing data. What does it imply for the gold market?Both the CPI Index and the core CPI Index,...

Yes I said it. Gold looks to be heading lower. True, the shiny rock has been moving higher since December. The pace of the move up slowed to a widening consolidation in March. Then it broke that range...

Gold price is trying to rise once again, attempt to stabilize above 1317.00 again. Steady trading above the mentioned level may be positive, but we will be need to see the gold price beach through...

Oil price has not been able to achieve a breakthrough 48.30 during the Asian session, and dropped slightly with the beginning of the European session. Trading below 48.30 will keep the negative...

Crude oil turned nicely down at the start of the month from 51.65 where market completed extended blue wave three, so our wave count suggests that recent bearish structure with three legs is wave...

Crude OilShort-term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with...

Equity and currency markets settled down on Tuesday as comments by Mario Draghi calling for Central Banks to “align polices on a shared diagnosis of the root causes of the challenges that affect...

“Look at that screen,” exclaimed Fox Business Network's Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the...

Another self-inflicted crisis in the Euro-zone leading to the latest news of one super state with counties giving up their armies, criminal laws, taxation system and central bank, transferring those...

Fear Takes a HolidayAfter the Brexit bash, global markets are trying to steady themselves as the historic shockwaves of the Brexit vote will continue to cause unease in global markets. The fact that...

Gold: Investors Are Booking Profits On Brexit-Driven GainsTwo rating agencies on Monday downgraded their ratings for the UK government debt. Standard & Poor's had rated the UK at its highest...

August Gold settles 1322.4, up $27.60 for the week ended June 24, 2016Brexit!! What else is there to say? Thursday’s surprise vote sent global indices spiraling lower, with gold, the dollar, and...

Support levels for gold that still fights with the Broadening Top formation resistance. Original post