Commodities Analysis & Opinion

Crude rallied strongly today due to both, fundamental factors, and an increase in the risk to shipping within the Strait of Hormuz. During late Sydney trading, WTI prices broke through resistance and...

In the aftermath of a fairly innocuous Weekly-Inventory Report, which happened to show less of a build than expected, elicited a sharp short-covering response that has propelled Natural Gas above...

Oil price rose sharply to trade above 127.2% Fibonacci level located at 57.35 – 57.20 and above linear regression indicators. Trading above the aforesaid level 57.20 will cause more bullishness...

Oil prices moved sharply higher over the past three weeks. West Texas Intermediate (WTI) crude has jumped from the mid $40s to the mid $50s. A sense of euphoria is permeating the sector as investors...

The bulls took over the control over crude oil in the middle of last month and led its price above $59 per barrel as of today. Despite this strong performance, it looks like it is time for them to...

After touching 61.8% Fibonacci resistance, silver declined to trade around 50% Fibonacci located at 16.49. Trading above 16.00 considered positive, but we need more confirmations as the price trading...

Gold price declined yesterday to trade below 1205.60 presented by 38.2% Fibonacci level. However, the price is trading above the main down trend line and above linear regression indicators. Trading...

Talking Points:US Dollar Sinks to Lowest Level in Nearly Three Months S&P 500 Double Top May Be Established Below 2200.00 Gold Stalls Above $1200/oz, Crude Oil May Turn Lower US DOLLAR TECHNICAL...

Silver has pushed higher in recent days but it has met some solid resistance at the 16.667 mark, which is well within the current consolidative pattern. A reversal from here will likely take silver...

CLU.S. crude settled at the highest level since Dec. 11 after government data showed the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting...

Main scenario:The pair is trading along an uptrend on resistance level 1213.The uptrend may be expected to continue in case the market rises above resistance level 1213, which will be followed by...

Gold for Thursday, April 30, 2015Gold is consolidating after its recent surge higher to break through the key $1200 level and then easing back to this level which is where it is presently trading. To...

Crude oil is accelerating out of its sideways, but upward-leaning congestion area, toward my next target zone of $60-$62, on its way to $66-$68.Only a decline that breaks back beneath 56 will indicate...

Gold futures pared declines after a U.S. government report showed the economy stalled in the first quarter, adding to speculation that the Federal Reserve will wait longer before raising interest...