Commodities Analysis & Opinion

Gold for Thursday, May 7, 2015To start this new week gold has enjoyed support at $1180 which has allowed it to rally back to $1190 and beyond to resistance at $1200. In the last couple of days it has...

In a financial world of contradictions, chaos, and confusion, perhaps a “gold-centric” perspective will provide clarity.The media is filled with comments from notable...

It was another positive day yesterday for crude oil which continued its recent bullish momentum, moving firmly through the $60 per barrel price point to close at $60.40 per barrel on the daily oil...

CLCrude oil prices were up after industry data on U.S. stocks showed a drop. The American Petroleum Institute said that crude oil stocks in the U.S. fell 1.5 million barrels last week. Meanwhile, U.S....

Gold Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1193, which will be followed by reaching resistance level 1204...

Sticking with my commodity theme, today's second chart of the day focuses on the sentiment in the agricultural sector and especially looks at Wheat. This grain originally made a new high all the way...

The past few days have seen silver consolidating sideways as it looks for some direction in the midst of a bevy of mixed US economic data. Despite attempting to push higher, silver has met some strong...

The first thing I want to present this week is a fractal comparison with the rally which began in November of 2014. I want to highlight the 6 blue ellipses in the November fractal, which almost...

Gold for Wednesday, May 6, 2015To start this new week gold has enjoyed support at $1180 which has allowed it to rally back to $1190 and beyond to resistance at $1200. In recent hours it has eased back...

Famed bond fund manager Jeffrey Gundlach gave a presentation at the New York Yacht Club yesterday in which he reiterated a $1,400 target for gold by year end. From what I gather, Gundlach has two...

Venezuela's recent experience is instructive. The Chavez regime had moved away from the fiat US dollar and had the bulk of its reserves in gold. Last month, Venezuela's reserves had been drawn down...

Gold rose one percent on Tuesday as the dollar paused and global shares fell ahead of U.S. non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise...

Today’s Binary Options Trading Strategy: • Commodity: Oil • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above 58.50...

CLCrude fell mildly on Monday after approaching near six-month highs, as investors locked into profits from last month's extended rally, crude fell 0.25 or 0.42% to 58.90, extending Friday's loss the...