Commodities Analysis & Opinion

While some continue dancing, the music might have already stopped: are we already in a bear market in stocks? In this context, we study past bear markets to see whether gold may serve as a valuable...

Back in middle of the 20th century, Venezuela was a trailblazer in the international oil industry. In 1948, it was the first country to win a fifty-fifty profit sharing concession agreement with an...

Gold declined during the Asian session, but it seems as if it is a normal correction inside the triangle structure and above moving averages. ADX is negative somewhat and also RSI, but we will ignore...

OilThe big decline seen yesterday stopped by 38.2% Fibonacci at 47.25, while trading is now below moving averages. Moving between 48.45 and 47.25 makes us neutral, while ADX and RSI are weak and that...

Zinc prices rose sharply last Friday following Glencore (L:GLEN)‘s announcement it would cut its annual zinc production by a third. Lead, which is mined together with zinc, surged as well. Both...

Friday’s report showed two sides of the coin with slightly higher yields and smaller acreage, overall mostly neutral. Soybean farmers are not happy with current prices and soybean oil strength...

I opened a post on 7th October with the statement that gold was money in the distant past and might again be money in the future, but isn’t money in any developed economy today. I then explained...

Lego City: With the US holiday behind us, the true trading week starts today with the major fundamental news hitting the wires being a report citing that OPEC has continued to boost Crude Oil...

For my portfolio, the prospect of crude oil weakening is probably even more important than what the ES is doing. It’s heartening to see that, so far, crude’s surge into the lower 50s is...

Anxiety is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained. ~ Arthur Somers RocheOnce upon a time, in the good old days,...

First, let’s start with an updated chart of WTI WTI Crude Oil. Crude has been in a range for most of the month of September, oscillating near the 50 day moving average. It had been unable to do...

Gold inclines, stabilizing above 1154.00, which is a positive thing and we are currently targeting 61.8% Fibonacci. The extension of the bullish wave depends on clearing this level. ADX and RSI are...

Crude Oil: Strong negative divergence has been formed on RSI14 over H4 alongside approaching 50.00-50.25 psychological. Although moving averages are positive and ADX reflects the strength of the...

Weekly Large Trader COT Report: WTI Crude Oil CFTC COT data shows speculator’s edged oil bets higher last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil...