Commodities Analysis & Opinion

So what country will be the one bright spot in the global steel market this year?It’s no secret that for the last four years the global steel sector has been floundering and it’s been...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.On Tuesday, crude oil lost 1.77% ahead of the release of the API weekly inventory report. As a...

With winter in full swing, we've been thinking about the cold weather and thus our heating bill. Commodities saw their prices drop in 2015 with a 41% decline in energy. With the warmer weather this...

US Crude is steady on Wednesday as February futures are trading at $30.45 a barrel in the North American session. On the release front, Crude Oil Inventories posted a small surplus of 0.2 million,...

At 63% below the 200 week moving average, the price of oil has gone "parabolic" to the downside.silver is due for an intermediate degree rally. When it begins it will take gold and the miners with...

Gold price continues its downward slide, diminishing the chances of the bullish scenario of an impulsive wave up. So this upward bounce is most probably complete with an A-B-C correction and an...

Generally I am one to follow the money flow and ride the trend, but the market internals in the S&P 500 and other developed markets had become so oversold that the risk to reward trade off had...

Gold trades near 23.6% Fibonacci at 1080.00, which is a very decisive level for today’s trading. ADX shows the ability to crossover negatively, while RSI is negative, attempting to breach 50.00...

Not so long ago, the possibility of oil trading under USD 30 per barrel would have been a strange idea. Back in May of 2011, Light Sweet Crude was trading at USD 114 per barrel. There was an...

Gold Weekly forecastMain scenario:The pair is trading along a sideways trend as "double top" pattern, between resistance 1107 and support 1092 levels.A downtrend will start as soon as the pair drops...

The slump in oil prices is a result of China’s slowdown and the fact that drillers don’t stop pumping despite the oil glut. Also, a strong US dollar is not helping matters. Falling oil...

Gold: key to direction is strong support at 1081/80. This is an excellent buying opportunity BUT we may have already seen the low for this correction at 1083. If this is the case, we look for a...

WTI Crude severely oversold now and seems like every commentator and analyst is negative, which makes me wary of a short squeeze. There are very minor positive short term candles but we need to beat...

In a surprising update, the world largest silver producer actually experienced a decline in silver mine supply over the past two years. This is quite remarkable as several analysts and official...