Commodities Analysis & Opinion

Gold traded within narrow range below bearish trend line-colored in orange- and below 1157.05, where 113% Fibonacci exists. The above-mentioned conditions are negative, as SMA20 and SMA50 are...

Oil inclined yesterday after failing to stabilize below 50.50 and 50.00, but the incline is still trapped below 50% Fibonacci and below 53.80. A break above 53.80 is required to affirm the...

“I believe solar will be even more economic than fossil fuels.”That’s probably a quote from the head of some environmental group, right? Nope! It’s a quote from Ali Al-Naimi,...

CLIran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. U.S. President Barack Obama...

Just one month ago we talked about the close relationship between emerging markets and commodity prices and how their stock markets were heading into trouble, which could potentially hurt commodity...

The freshly-inked deal between Iran and world powers will have far-reaching implications for global markets, notably commodities. The nuclear deal is intended to prevent the Islamic Republic of Iran...

Daily Chart Prepared by Jamie Saettele, CMT -“Crude has plunged into a slope confluence. This is a good spot for a rally attempt. Watch for resistance in the 54.00s and near 58.” Original...

The US-Iran nuclear deal is likely to have radical implications for future supply within the global crude oil markets as it could open up a vast field of untapped reserves. The agreement paves the way...

Gold has been slipping lower in recent months as we inch closer to a rate rise by the Fed. But will that eventuate? Any delay to a rate rise will send the gold bulls charging.Gold prices have remained...

Gold – Wednesday, July 15th, 2015Throughout the last few weeks, gold has steadily declined, and fallen from above the key $1200 level back to a new three month low below $1150 last week. It has,...

A Big Picture signal could be coming from products most of use on a daily basis.The 4-pack below looks at crude oil, coffee, copper and cattle. Crude oil broke below a support line that had been in...

If the Saudis' intention is to damage U.S. shale-oil production as they maintain record crude oil outputs -- despite a more than 50% drop in the price of oil in the last year -- the following two...

When studying any chart in whatever timeframe it can often be difficult to interpret the price action, particularly when a market has been in a congestion phase. A classic but simple example is the...

The emerging nuclear accord between Iran and the P5+1 negotiating team sets the stage for another round of losses in the oil patch with global output forecast to grow on the back of reduced sanctions....