Commodities Analysis & Opinion

Awaiting USDA report on ThursdayLately, rice prices have been under pressure. The Thai officials are planning to sell 11mln tonnes of rice from the state reserves which is to be discussed on February...

Gold is trading sharply higher, forming an extended impulse that can extend much higher in days ahead as move from 1071 should unfold in 5 waves. An updated count shows that we are in the middle of a...

Gold shows some kind of corrective actions following the sharp inclines seen last week, which took the metal towards 1175.00 where 88.6% Fibonacci exists.We can’t confirm extending the bearish...

Weak movements have been witnessed on oil along with bullish attempts above 13% Fibonacci at 30.35. Meanwhile, prices stabilize below main resistance and below SMA20 at 32.05, which keep the...

There was a lot of talk last year about coal resources needing to be left in the ground if the world was to reach it’s 2-degree-celsius reduction environmental targets.The suggestion was that...

Gold Main scenario:The pair is trading along an uptrend with target on 1176 - 1190, that may be expected to continue, while pair is trading above support level 1156. Alternative scenario:A downtrend...

What does the oil price collapse mean for Canada? A simple question with an the answer that is anything but simple. As the Governor of the Bank of Canada (BoC), stated the "oil price shock is complex...

The latest USDA report once again featured decreases to forecasts for 2015/16 world cotton production and consumption. California Cotton, while never king, has always been an important crop for the...

Silver set to test 15,60 resistance next.Original post

Silver finally managed to push through its upside resistance just above the $14.50 level this past week and attracted some additional upside follow-through as the US dollar weakness brought on the...

Let's begin with the below graphic from the 26 December edition of The Gold Update (which was queried "Gold to Ascend into Year's End?"). Having alluded to this picture a week ago, we now deem it...

Crude oil: The commodity continues to hold on to its downside pressure leaving risk of more strength on the cards. On the downside, support resides at the 30.00 level where a break will expose the...

Gold and its step sum are looking pretty impressive. First a short step sum review from tail end of gold’s last bear market up through today. From January 1998 through 2001 I could have placed a...

N:SLV – on buy signal. Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead. Speculation continues to...