Commodities Analysis & Opinion

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...

Talking Points:Support:1078.10, 1058.48, 1042.62 Resistance:1102.94, 1122.52, 1138.35 Gold continues to tread water in a well-defined range near the $1100/oz figure as prices await a new directional...

Talking Points:Support: 48.54, 45.11, 41.68 Resistance: 50.66, 52.37, 54.08 Crude oil paused to digest losses after prices slid to the lowest level in over six months in yesterday’s session. A...

Main scenario:The pair is trading along an sideways trend. An uptrend will start as soon, as the pair rises above resistance level 1160, which will be followed by moving up to resistance level...

After reaching the awaited target of 45.10, oil rebounded towards areas near 88.6% Fibonacci at 46.15 as seen on the provided daily chart. However, the bullishness is still limited below SMA20, while...

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory.With a bear market back, there is...

Oil prices are continuing to show positive corrective movements after a fall on Monday. This morning a barrel of Brent is trading at $50.59 (+1.0%). WTI with September delivery has increased to $46.27...

Fresh news of the continued growing supply of oil and the weakening demand in China caused the price of crude to begin this week with a plunge. And investors can see little relief in the future, as...

Just one year ago, when I stood my ground and continually maintained that lower levels were still going to be seen, not only did I encounter disbelief, but, often, I experienced ridicule.Now, one year...

Crude Oil's bounce early this week, had short sellers scrambling from their positions but the reality is that the respite will be short lived. Global prices are forecast to continue their slide in a...

Talking Points: Brent returned above $50, API reported a weekly stockpile drop. Copper gave back yesterday’s gains, eyeing support from new China stimulus. Gold steadied in range ahead of...

Gold – Wednesday 5 August 2015Over the last six weeks or so, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 a couple of weeks ago....