Commodities Analysis & Opinion

The price correlation between the crude and equity cycles was on full display last week. The only real difference is the relentless nature of crude’s surge higher. Crude was so oversold and...

Gold (14.3.2016) traded higher in accordance with our expectations and snagged the $1280 mark. However strong resistance at $1280 was unbeatable.Now gold is trading around the $1247 mark as we can see...

Upward correction from lowest level since 2009Cotton is correcting upwards after hitting a fresh 7-year low late February. The bullish momentum was triggered by the strong US external trade...

Here is the Oil Equation: Existing Supply minus Shale Destruction, minus Cap Ex Reductions, minus Depletion Rates Globally, minus Demand Growth versus Iranian New Supply. Oil will be above $45 a...

GoldThe negative signs on RSI persist, as gold trades below 61.85 Fibonacci at 1260.00. Trading below this level is negative and a break below SMA50 at 1235.00 will affirm. We will be bearish today,...

Oil traded bearishly on Friday below 38.50 alongside showing negative signs on RSI14 and ADX. But, moving averages remain bullish, as prices move above the uptrend at 37.20 and to witness bearish...

Gold settled yesterday (Friday) at 1251, down a scant nine points for the week. But not before being boffed all about the 1240-1280 resistance zone, trading exacerbated by currency disruption induced...

Brent prices dropped in Asia and extended losses in early Europe after news from Iran reduced the probability of a joint production freeze.Futures currently hover just above $40/barrel levels. Prices...

GoldMain scenario:The metal is trading along a downtrend with target on 1245 - 1237 that may be expected to continue while trading below resistance level 1260. Alternative scenario:An uptrend will...

Silver prices over the past years have significantly underperformed gold prices. The gold to silver ratio after hitting a low of 32 in May 2011 has moved higher towards 83 level in the the past 5...

Forecasting is fun, but it leads to many errors in the process. We hear them all time, someone trying to be a hero but often failing miserably in their predictions. I read a quote last week by Howard...

Platts, the provider of physicals and futures markets prices affiliated with McGraw Hill Financial, says that it is going to launch a new price reference for Dated Brent CIF Rotterdam. That’s...

PM Sector longs have had a laugh at our expense over the past couple of weeks as gold has continued to edge higher after we called it down, but it is looking more and more like they will end up like...

Many investors focus on a particular class of assets. Some are interested only in shares, others look exclusively into the real estate. Meanwhile, there are times when market itself highlights an...