Commodities Analysis & Opinion

CLOil prices were down on Monday on worries of oversupply and a strong dollar. The weekly decline in the number of U.S. rigs drilling for oil slowed last week as crude prices rebounded from January...

Gold Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1203, which will be followed by reaching support level...

The attempt of an upside move for silver prices that occurred yesterday was limited in levels below the 34 Linear Regression Indicator at the end of the daily candlestick.Silver is trading today below...

The Gold markets have been consolidating for a number of months with a bearish wedge heading towards a longer term bullish trend line. The speech by Janet Yellen is likely to provide the catalyst for...

INTRADAY CHART 24th February:The Wave iii was a little stronger than expected, reaching the Wave c to reach the 238.2% projection at 16.08. From there a correction back to 16.59 has been seen - being...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular rose six cents and Premium five. Regular is now up 29 cents...

Early Monday, Nigeria floated a story about an emergency OPEC meeting, which sent a very weak crude oil soaring. The rumor had about as much credence as any other Nigerian prince story you’ll...

The yield on the 10-year U.S. Treasury note has surged 50 basis points in the past few weeks and in turn gold has fallen nearly $100/oz. The negative correlation between yields and gold has been...

Oil has broken through the bottom of a legal topping triangle, but right now the breakout looks like a fake. Oil seems to be redrawing its red triangle again. If the breakout should actually get...

Gold has started the week with slight losses, as the metal is trading at a spot price of $1195.95 on Monday. On the release front, today’s sole event is US Existing Home Sales, with an estimate...

Platinum Spot price was at $1,160.50 an ounce at 1340 GMT last Friday Platinum producers struggling back from South Africa’s longest-ever mining strike are now contending with threats to a...

The rural economy fell below growth neutral for the first time in four months as exports slowed and grain prices remained low. According to bankers in rural communities, farmland prices are still...

Following the recent explosion in Commercial short and Large Spec long positions in silver followed by a breakdown below the neckline of a potential Head-and-Shoulders bottom, the outlook for silver...

The reaction back by gold over the past month was preceded by an explosion in Commercial short and Large Spec long positions. On gold’s 6-month chart we can see that this reaction has been quite...