Commodities Analysis & Opinion

Gold is still moving within a very narrow range and movements are very slow, while fluctuation continues around 161.8% Fibonacci at 1086.00. Potential price explosion could be seen, although ADX is...

Once again, oil failed in achieving considerable upside actions above the channel seen on the provided graph after failure to stabilize above 46.15 and above moving averages. ADX is negative and RSI...

Gold has once again found itself in a consolidation pattern and this time it looks rather like the textbook version of a bearish flag pattern. This is likely to lead to a sharp breakout lower that...

CLCrude Oil futures pared earlier gains on Wednesday reversing territory in U.S. afternoon trading, amid an expected draw in US stockpiles last week along with continuing gains in Saudi Arabian...

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices, but the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was...

Oil is on a course to test its $42 lows from March, as I’ve said it would. And the way it’s been falling lately, I wouldn’t be surprised if it happens in the next couple of...

If there are words to characterize the precious metals markets for July, it would be “divergences” and “shortages.” There was heavy selling in the leveraged futures market and...

Gold prices are steady to slightly lower in early U.S. trading Wednesday. Prices moved off the overnight lows when the U.S. ADP jobs report came in a bit lighter than expected. Still, buying interest...

At these current low levels in silver prices I’m seeing a lot of first time buyers enter the market, and many of them are getting into the alternative asset class of silver.Today, I wanted to...

August 5, 2015 - Public demand for gold and silver coins, rounds, and bars suddenly skyrocketed since mid-June – particularly among first-time customers – to multiples of earlier demand...

Brent crude oil is trading near its record lows, however yesterday it grew slightly. Some support to the price of oil came from falling USD, as its index fell by 0.2%. Anyway, short-term prospects for...

Asian Stocks Mostly HigherGood Morning! We have a slew of reports this morning starting with the U.S. Trade Balance, ISM Non-Manufacturing Index, EIA Energy Stocks and Dairy Product Sales. The Asian...

The market in general has taken a bit of a breath as the issues that seemed to be driving the price discovery of the past several weeks have seemingly subsided in the collective mindset with stability...

The cycle of accumulation and distribution defines cause (building) within a broader mark down phase. The bulls, generally embracing bullish opinions (1,2), view cause as the accumulation of the...