Commodities Analysis & Opinion

Soybeans must now hold above the 100 day moving average at 1007 to keep the outlook positive. Above 1010 could trigger further gains today so be careful if still holding shorts. Once through 1012 we...

Gold outlook now negative despite being severely oversold. Any recovery meets first resistance at 1213/14 then the 100 day moving average at 1217. If however we manage further gains look for a selling...

Gold prices are stable on Wednesday, following sharp losses a day earlier. In the European session, the metal is trading at a spot price of $1205.27. On the release front, it’s a busy day, with...

Gold Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue in case the market drops below support level 1218, which will be followed by reaching support level...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRALSHORT TERM TREND: BEARISHVERY SHORT TERM TREND: BEARISHGold broke down below the key 61.8% retracement level of 1221 yesterday on heavy...

Talking Points:US Dollar Digesting Losses, Eyeing Key Range Support S&P 500 Sets Record High, Poised to Continue Upward Gold Prices Threaten to Overturn 3-Month Rising Trend US DOLLAR TECHNICAL...

The gold market has been looking like its edging lower for some time now, and the market has been somewhat bearish as of late. Over the previous few days gold has been tempting to push through the 50...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium both rose 8 cents. Regular is now up 23 cents...

Gold for Wednesday, February 18, 2015Over the course of the last four weeks gold has drifted steadily lower down to a one month low near the key $1200 level before rallying in recent hours. In the...

There’s quite a debate about the price of a barrel of Brent crude oil. Some experts say it has bottomed and might soon stabilize somewhere above $50 a barrel, but well south of $100. I am not an...

One month ago (ARCA:GDX) had just experienced the best 3-week rally in the history of the ETF (Up 24% in three weeks). (see post here) Aggressive Metals members were on board for this historic rally,...

Both Gold and Silver are at Swing PointsNow might be an interesting time for traders and long-term bulls alike to accumulate gold and silver. Technically, we see a pattern of higher lows and a...

When I recently told my subscribers to go into light “sell mode” for gold at $1305, I wasn’t calling a top. After staging an enormous rally of about $130 an ounce, gold had simply...

Examine the graph of the silver-to-gold ratio over the past 25 years. The major lows in silver prices during the past 25 years are marked with red arrows on the graph. They coincide, more or less,...