Commodities Analysis & Opinion

SummaryThe dollar is still the driver for gold. Commodities are still in a downward trend and haven’t broken out. Global financial stability risks will bring some currencies down and boost the...

This was the warmest winter on record according to many sources and apparently February and March were the warmest they have ever been as well. These are the reasons investors point to as to why...

For two weeks now, I've been calling for Gold Miners to drop into what will become a recognizable 6-month cycle low. Silver has run like a dog off its leash in a late-cycle rally, but neither it nor...

Crude oil prices closed above the 200 DMA ($40), and after the 3% confirmation close on April 19th 2016, prices surged and moved up to $44.Technically there is a cup and handle formation where prices...

The Federal Reserve is due to release its next formal policy statement April 27 at 2:00 pm ETFed’s Constant Assistance Is A Two-Sided Coin The Fed stepping in to assist financial markets is not...

I’m in such a quandary about precious metals. iShares Silver (NYSE:SLV) and SPDR Gold Shares (NYSE:GLD) look fantastic long-term (and most of you have seen my silver chart, whose target seems...

Kuwait oil workers called off their strike and are back to work. Last night’s API data showed builds in crude of 3.1 million barrels even though the floods in the Houston area should eventually...

Today crude oil is retracing due to the Kuwaiti oil workers' ended strike, bouncing on .382 Fibonacci retracement before turning back on. For today, oil seems not to have enough strength to reach...

Gold inclined to 1260.00 during the Asian session, but that was followed by a slight correction. The correction was limited above 1242.00 and SMA20 at 1235.00. Trading above 1235.00 will keep the...

Moving to the June 2016 settlement, we see oil prices decline in Asian session, trading below SMA50, despite the signs of weakness on RSI and ADX. A break of 40.90 will bring the bearishness back into...

Brent and WTI crude are coming under pressure again on Wednesday after oil workers in Kuwait agreed to end their strike against wage and job cuts and work to return output to pre-strike levels....

The relentless risk rally on the back of surging global equities, compounded by oil prices outperforming, bolstered both Aussie and Kiwi sentiment overnight.Retracing moves from the Doha fallout, in...

Silver bull market not over yetThe huge 4.4% gain by silver on Tuesday saw it enter a technical bull market. The silver price has now gained 25.3% since its 15 December low, easily qualifying for the...

Last weekend, the market presented us with a possible set up in silver which could take us to lower lows. Silver was the last hold out in the charts to suggest that the long term bottom may have been...