Commodities Analysis & Opinion

Oil trades positively after stabilizing above 38.60 -23.6% Fib.-, but 40.35 holds as a stance. The current upside actions are a reflection for the RSI oversold, while ADX remains negative. Thus, we...

The most important fundamental driver of the gold market that hasn’t yet begun to move in a gold-bullish direction is the US yield curve, represented on the following chart by the 10yr-2yr yield...

Gold moved lower this week beneath 1225 level so our previous wave count has been invalidated, so a new pattern is in play with a deeper pullback. An updated count still shows a three wave decline in...

Over the past few weeks, industrial metals have been showing some strength. However, there is one thing that stinks in this rally: The most-liquid and the most-used industrial metals are not leading...

WTI crude oil pulled back below the the psychological $40.00 level on record breaking crude oil stocks.Fundamentals The weekly United States (U.S) Department of Energy (DoE) oil report showed a...

In recent weeks we have commented on gold's 2016 performance from a number of perspectives.Fundamentally, gold represents a vote of confidence against the competence of governments and central banks...

April Gold settles 1221.6, down $32.70 for the week ended March 24, 2016Gold prices were basically flat to end this shortened Easter holiday week losing $2.40 basis April futures on Thursday. Gold...

Crude oil was down again Thursday after spiraling down nearly 4% Wednesday in reaction to a much greater-than-expected build in Weekly Inventories.The weakness off of Tuesday's recovery-rally high at...

Good Morning!As we head into the Easter weekend the following reports are due out on Holy Thursday starting with Advanced Durable Goods, Export Sales and Initial Jobless Claims. The EIA Gas Storage...

Is this the best time for the Fed to get more hawkish? Crude oil prices saw their biggest drop in 6 weeks after a large build in crude supply and hawkish talk from Fed officials which is almost...

Gold declined, trading in the 50% Fibonacci areas at 1219.00-1220.00, which may send it lower towards 1203.00 -1200.00 zones. RSI is negative and ADX as well, but a break below 1200.00 will define...

Since oil has breached 40.00 psychological after failing to stabilize above 41.40, it continued to decline, trading below the uptrend line and below moving averages. ADX shows increase in the...

Yesterday felt like a short covering rally during the bear market years in the PM complex, only in reverse. Days like yesterday can make one think that the rally over the last two months is all she...

India has had a long-standing love affair with gold. At Indian weddings, some of the brides get so much gold jewellery that it weighs them down. There are upwards of 15 million weddings every year in...