Commodities Analysis & Opinion

CLCrude futures were mixed on Wednesday amid the Federal Reserve's decision to keep short-term interest rates unchanged, as U.S. crude inventories last week fell for the seventh consecutive week. In...

Gold Main scenario:The pair is trading along a sideways trend.A downtrend will start as soon, as the pair drops below support level 1178, which will be followed by moving down to support level...

Corn hit our target and resistance at 360/361, with high for the day exactly here as predicted. We are overbought short term, but with the important double bottom pattern, the downside could be...

Gold – Thursday, June 18th, 2015In the last couple of weeks, gold has been content to trade around the key $1180 level, and it presently sits right above $1180 after recently surging higher to...

Global oil demand rose to a new record high of 93.8 mbd based on the 12-month average through May. It’s been doing so since it recovered from the Great Recession ever since June 2010. It has...

Gold edged lower on Wednesday as cautious investors awaited a Federal Reserve statement that could give clues on the timing of a U.S. interest rate increase.Spot gold was down 0.3 percent at $1,178.70...

Even though I’ve been charting for decades, I am still in awe of how some of the simplest methods can be helpful.Trendlines, which are by definition the simplest drawn object even possible, are...

A brief snapshot of counter-cyclical gold’s macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts…Each week NFTRH...

I suspect the bullion banks are going to do the opposite of what they normally do on an FOMC day and rally gold.

Chart Of The Day: Crude Oil has has become short term overbought!Today's chart of the day focuses on Crude Oil. Those market participants with a keen eye on the tape, would have noticed that Oil...

LONG TERM TREND BEARISHINTERMEDIATE TERM TREND NEUTRALSHORT TERM TREND BEARISHVERY SHORT TERM TREND NEUTRAL Gold remains stuck within a wide 70 point trading range between 1232 and 1162, with a...

At the start of June gold broke through the trendline support connected from March 17th that suggests more weakness ahead, especially if that same line will turn into a resistance. On the update count...

CLCrude futures were mixed amid a stronger dollar and concerns related to Tropical Storm Bill, as investors awaited the release of the American Petroleum Institute's weekly inventory report after the...

Yet, even with those questions, I still have to view the chart as it currently presents. And, currently, it presents quite bearishly, especially in the Market Vectors Gold Miners (ARCA:GDX). In fact,...