Commodities Analysis & Opinion

Talking Points:Support: 48.54, 45.11, 41.68 Resistance: 50.66, 52.37, 54.08 Crude oil continues to accelerate downward, with sellers now establishing a threshold below the $50/barrel figure. Near-term...

Talking Points: Support:1078.10, 1058.48, 1042.62 Resistance:1102.94, 1122.52, 1138.35 Gold prices remain locked in a well-defined range near the $1100/oz figure as markets mark time until a new...

Gold markets continue to meander around the $1070 level, as we are dealing with the last significant cluster between here and the $1000 level. It is down at $1000 that we feel the buyers will step...

Good weather through the end of July caused soybeans conditions to improve, nearing the high marks set by last year’s crop at this time. As August begins, many farmers are hoping that the...

Gold – Tuesday 4 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. It...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium dropped six and five cents respectively again from last...

With outlook for the commodity continuing to point lower, further weakness remains on the cards. This development leaves crude oil targeting support located at the 45.00 level where a break will...

With copper trading down to levels last seen in July 2009, is it any wonder that the 10-year YIELD is on the defensive, pressing toward a test of its prior pullback low at 2.08%?Regardless of whether...

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...

The market looks poised so trade slightly lower after a soft overseas session that featured the re-open of Greek stocks getting beat down to the tune of over a 15% decline and another 2 percent down...

Swan SongOil prices ended their worst month since the 2008 financial crisis after 3 events in a row knocked oil and other commodities for a loop. Those three events in order are Greece, Iran and China...

The Chinese stock market recently saw its biggest selloff in 8 years as the dramatic 8.5% fall in Shanghai“A” shares also rattled markets around the world. For the past few weeks China has...

After gold’s breakdown on Sunday, July 20th, we have seen an avalanche of negative commentaries. Admittedly, from a chart perspective the breakdown does not bode well. We have to get that...

CLCrude oil prices fell in early Asia on Monday as investors looked ahead to a key manufacturing gauge in China for demand cues. Ahead are manufacturing PMIs from Japan, seen at 51.4 in July, and...