Commodities Analysis & Opinion

After failing to go well past $40 in its relief rally, crude oil is stuck between a rock and a hard place. On the one hand, OPEC ministers keep promising a meeting that they refer to as if it were the...

Net position of silver. Source: Reuters. Net positions in silver have increased with prices of all industrial metals but this precious metal still hasn’t taken off like gold has. Net speculative...

America was built by “citizen champions”. Should the current gold price action be described in a similar way, as a “rally of champions”? I think so.Technically, gold is...

The Department of Energy's Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-January, are now available....

In the first hours of today’s London session, activity and volumes spiked up in gold. This activity, VSA showed, was major supply hitting the market, just below a high formed days before on...

SILVER - downtrend line was broken at weekly time-frameToday's terror at Brussels caused temporary volatility, which was corrected in the next trading hours. Volatility on silver was huge. After sharp...

Good Morning!In the overnight electronic session the Grain complex must have took in account of weather and demand on the horizon. The May Corn is currently trading at 370 ½, which is 1 cent...

A terror attack in Brussels may slow momentum for oil as there could be a backlash on the demand side. Reports are saying that at least 13 people have died and several injured after two explosions...

Weather improves in West AfricaRains covered West African state of Côte d'Ivoire and cocoa crops may benefit from it. Côte d'Ivoire accounts for 35% of cocoa and another 24% are produced...

1.215 would be a nice entry level for gold. Original post

WTI crude traded above $40 for the first time since early December 2015, supported, in part, by a dovish Fed statement and headlines about the April meeting between OPEC/non-OPEC producers to freeze...

Gold has had quite a run higher. After a more than 2 year downtrend the shiny yellow rock found a bottom at 1050 in December and started higher. Since then it has had an almost parabolic rise topping...

The word that comes to mind to describe the price action on the daily WTI oil chart is ‘stately’ with crude oil continuing to move higher in a series of small rallies then punctuated with...

GoldMain scenario:Gold is trading along a sideways trend, where rebounding from support 1237 will start local uptrend to resistance level 1260. Alternative scenario:A downtrend will start as soon as...