Commodities Analysis & Opinion

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....

The big picture in simple termsUS national debt is huge, ugly, unpayable, and accelerating higher. Silver Eagles are pretty and are priced low. Silver prices will increase erratically, driven higher...

For centuries, in times of crisis traders preferred to invest in gold as it was always considered as a safe haven. History lovers know that gold was used as money and that the use of gold as a...

The Greek debt stop gap appears to be in tact through the overnight session with the key parliamentary vote to take place on Wednesday. It is widely held that the Greek government will approve the...

Gold continued to show bearish tendencies, stabilizing below moving averages and below the bearish trend over short-term basis. Stability below 127.2% Fibonacci projection at 1150.00 is required to...

Oil declines below 61.8% level at 51.15, supporting the technical idea of breaching the psychological level of 50.00. Areas of 78.6% is targeted, while RSI and ADX are negative. Moreover, oil moves...

LONG TERM TREND BEARISHINTERMEDIATE TERM TREND NEUTRAL/BEARISHSHORT TERM TREND BEARISHVERY SHORT TERM TREND BEARISHGold has steadily sold off over the past week, with the continuing Greek crisis...

INTRADAY CHART 14th July: I have had to adjust the earlier (purple) Wave (i) and Wave (ii). This has a 323.6% projection in Wave (iii) at 14.38. Given the (brown) sequence lower has been stronger, it...

GoldMain scenario:The pair is trading along a 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...

Gold failure to beat first resistance at 1157/58 re-targets 1154 then 1151. Be ready to sell a break below here today if not already short to target last week's low at 1148/47, perhaps as far as...

Looking purely at the aluminum price, one might have expected Alcoa, Inc. (NYSE:AA) to report a dire set of results in its latest second quarter earnings announcements, but quite the contrary. While...

It’s time to get back into the precious metals market. Look at the current headlines of late: Greek default hovering overhead, mystery glitch closes NYSE, airline company ceases all flights due...

Gold – Tuesday, July 14th, 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,...

Crop conditions for both corn and soybeans declined this week as weather remained wetter than average. Storms pushed through the Midwest this weekend dropping localized rain on already wet fields....