Commodities Analysis & Opinion

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 needs to sustain above 1285-1295-1310 for further rally up to 1345-1392-1435; otherwise it will come down and sustain below 1250-1235 zone, and it may fall up to 1190-1135-1039 zone again.Trading...

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...

On the week, the prices of the metals didn’t move all that much. However, the move around 6am (Arizona time) on Thursday is notable. The price of silver spiked up from around $15.12 to...

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...

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...

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...

April Gold settles 1259.4 down $11.30 for the week ended March 11, 2016Gold futures Friday eased from 13 year highs as stocks rallied along with energy prices. Prices finished lower by about one...

Still Looks Like a Bear Market Rally“Until proven otherwise, to us it's a bear market rally and it looks very similar to what happened back in September-October of last year with the rally into...

To sum up my view of this week’s COT report in one word…. WORRISOME.I use that word because of what we saw happen to the safe haven trades today on account of that monster rally in the US...

iShares Silver (NYSE:SLV) – on sell signal. Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months...

Stocks began to come off resistance areas well this week and work off the extremely overbought readings we saw the previous week but we remain quite overbought.Stocks are setting up much better charts...