Commodities Analysis & Opinion

Gold traded below 1247.00 –SMA50- along with bearish signs on RSI, while ADX shows strength of the bearishness. Trading below 1247.00 will keep the negative scenario available, targeting...

Oil trades bearishly below 48.05, but it is still stable above 47.00, which makes the neutrality in favor. ADX shows decrease in bullishness and RSI is negative, but moving averages are positive...

Anyone looking at the seaborne Asian iron ore market? A cursory glance at China’s iron ore market and one has to ask, “what’s going on?”Iron ore prices have been on a roller...

The scrapping of rare earths export quotas late last year resulted in soaring exports from China, which produced 84% of total world rare earths output of 124,000 metric tons, but prices have fallen to...

The Federal Open Market Committee (FOMC) released an unexpectedly hawkish minutes last week that fueled the recent dollar rally, though crude isn't behaving as we expected in our April 25th article....

Technical analyst Jack Chan finds gold stocks are on a short-term sell signal and reveals an excellent entry point. Gold stocks (via SPDR Gold Shares (NYSE:GLD)) remain on short-term sell signal, and...

Is it a top in oil? Maybe. Maybe not. What I do know is that USO - United States Oil Fund (NYSE:USO) for those wondering - is having a horrible time trying to push through the 200-day moving...

The market will always trade fear before fact and that was the case in the soybean market this week especially in soymeal. Tightness concerns for meal due to ongoing weather issues in Argentina have...

The XAU Index is the oldest gold- and silver-mining index in the states, dating back to the early 1980s. This index allows traders do pattern analysis going back 30 years. The chart above is a...

Here’s Why:So far gold has done exactly as I predicted. The minute the dollar bottomed, gold topped. I think this is a good time for Old Turkeys to place a hedge on their metals positions. Gold...

2016 has been a great year for gold. Its currently up 17%.This is the best time to invest in gold for the long-term investor. The Elliott Wave Principle is a form of ‘technical analysis’...

Freeze This!Iran says it has no plans to freeze oil exports, causing weakness in the price of oil at the start of the week. Reuters quoted the Iranian Deputy Oil Minister Rokneddin Javadils as saying...

Higher soy prices in sowing season may lead to higher soy planting acreageSoy prices hit a fresh high since July 2014 and continue to rule high. Some market participants believe the US farmers may...

Well, not much happening before the open this morning. As I’m typing this, the ES is up a tiny bit, the NQ is down a tiny bit, and traders the world over are bored a tiny bit.All the same, I...