Commodities Analysis & Opinion

Talking Points:Support: 48.22, 45.11, 41.68 Resistance: 51.34, 53.27, 56.39 Crude Oil prices may be preparing to launch higher after prices put in a Bullish Engulfing candlestick pattern. Near-term...

Talking Points:Support: 1109.28, 1086.04, 1071.28 Resistance: 1132.79, 1151.79, 1169.40 Gold prices advanced for a fifth consecutive session, putting in the largest daily advance in three months. A...

Precious gold halted its rise on Thursday, retreating from three-week high, as the U.S. dollar rebounded to recover some its losses incurred over the previous six sessions. The yellow metal hit a low...

Gold inclines gradually, approaching the suggested target of 1136.00, while ADX is positive.RSI 14 is also moving above the value of 50.00, but we can’t suggest a position, as risk versus reward...

Oil has entered a sideways range below moving average 20 and below the previous recorded low at 44.00 levels. Hence, the bearishness remains valid, while the descending channel seen on the graph is...

CLU.S. crude futures rallied from six-year lows a session earlier amid a weaker dollar, as a continuing draw in weekly stockpiles helped temporarily halt one of the worst routs in more than a decade....

Crude-oil prices remain under pressure and now linger close to January lows. A perfect storm has hit the oil market but we emphasise three factors in particular which have delivered bearish surprises...

WTI crude below 4340/30 risks a retest of of 4280/70 lows. Try longs with stops below 4250. A break lower sees a retest of March lows for the bear market at 4203. Buying into small longs here is now...

Things will get better because they can’t get worse. We’re at or near the bottom. Better times ahead.But you’d never know that based on oil prices or the news. WTI dropped more than...

Corn production for 2015/16 was unexpectedly increased by the USDA to 13.686 billion bushels, 2.76% greater than pre-report expectations. The August USDA World Agriculture Supply and Demand Estimates...

Gold has had a nice run off the Chinese yuan devaluation news with short covering the dominant reason behind the buying.Markets that have a decent sized speculative short position are always subject...

Gold futures surged to a fresh three-week high Wednesday as the U.S. stock market sold off and the dollar tumbled, traders said.As of 10:54 a.m. EDT, December gold futures were $14 higher to $1,121.70...

WTI has experienced a day of indecision having failed to significantly break through a key support level. It did briefly create a new low for the year but didn’t manage to gather any...

The lowest crude prices prices since 2009 might still not be enough to end the U.S. energy renaissance. Some parts of North Dakota’s Bakken shale play are profitable at less than $30 a barrel as...