Commodities Analysis & Opinion

Crude oil declined yesterday, failing maintain trading above 127.2% Fibonacci level. Although trading below 57.10 minimize the probability of more bullishness, the price still trading inside an up...

The metal is still trading just above 61.8% Fibonacci correction located at 15.89 as we can see on the image above. We need the price to breach that level to activate the bearishness again. Linear...

Gold price traded with some positivity yesterday, however, the price still trading between 1207.00 and 1190.00 since the last week. Trading below linear regression indicator 34 considered negative, on...

CLCrude oil futures fell sharply on Tuesday reversing earlier gains on the session, to halt an extended rally that enabled the futures to reach its highest level for 2015. The declines of more than 2%...

Gold Main scenario:The pair is trading along a sideways trend.An uptrend will start as soon, as the pair rises above resistance level 1204, which will be followed by moving up to resistance level...

High grade copper has been on a reasonably flat trend in recent years, with the current price of $2.72 being 40% below the peak of $4.62 and 45% above the low of $1.91 over the last six years. This...

Talking Points:Gold May Rise on US Home Sales Data But Breakout Unlikely Crude Oil May Decline Further as Inventory Gains Accelerate Natural Gas Prices Rejected at 3-Month Trend Line Resistance Gold...

LONG TERM TREND: BEARISH INTERMEDIATE TERM TREND: NEUTRAL SHORT TERM TREND: NEUTRAL VERY SHORT TERM TREND: NEUTRAL/BEARISH Gold remains within a 45 point trading range between 1223 and 1178, with a...

Crude oil prices have continued to appreciate again this week despite concerns over capacity constraints at the Cushing storage facility. Despite statistics released by the EIA,forecasting shale oil...

Gold has been consolidating into a large pennant structure over the past few weeks as indecision and uncertainty take hold. Once the pressure is released there will likely be a sharp movement and it...

CNBC's Kate Kelly asked me last January if I was worried about smaller players in the energy sector "just plain going out of business."I replied that not only was I not afraid of the weaker players...

Gold for Wednesday, April 22, 2015Gold is presently trying to hold onto $1200 after dropping sharply through the $1200 level in the last 48 hours before rallying higher again. In the last couple of...

The recent outperformance of the gold miners (via Market Vectors Gold Miners (ARCA:GDX)) relative to Gold itself has been quite striking: My primary takeaways/interpretations of this recent...

Gold is proposed to be doing a ((w))-((x))-((y)) Elliott wave structure 1224 (4/6) high. Wave ((w)) ended at 1183.60, wave ((x)) completed at 1209.09 and wave ((y)) lower is proposed to be in...