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Commodities Analysis & Opinion

Gold Fails To Breach Through Resistance
By ICN.com  - Jul 06, 2015

The bullish direction on gold has failed to breach through the resistance of the recent bearish direction started at 1205.60. Coming below 88.6% at 1167.50 and below 1171.85 may bring further ...

Crude Oil Trading Below 55.55 Level
By ICN.com  - Jul 06, 2015

Oil has declined, trading below 55.55 where 38.2% Fibonacci exists and breaching this level was accompanied by negative sign on ADX. Additionally, moving averages continue to cover the bearishness ...

Keith Weiner
Silver Market Is Firm
By Keith Weiner - Jul 06, 2015

The prices of the metals drooped further this shortened week (Friday was a holiday in the US, as the Fourth of July, Independence Day, occurred on Saturday). The S&P 500 index also fell this week,...

Clive Maund
Silver Readying For Another Sharp Drop
By Clive Maund - Jul 06, 2015

Silver’s cheerleaders are trying to keep their flocks happy by talking it up as usual, but the hard reality is that silver’s charts continue to look awful, and like it is readying for ...

Mark Mead Baillie
Gold: Our Mid-Year Downdate
By Mark Mead Baillie - Jul 05, 2015

Are we having fun yet? There is quite a bit of fun here StateSide today as we celebrate our having completed 239 years of Independence, (to the chagrin of those amongst our nation's riffraff who try ...

Doug Eberhardt
Gold And Silver: Buy The Dip?
By Doug Eberhardt - Jul 05, 2015

From the Trading Desk Despite the long weekend coming up in the US in celebration of July 4th, gold traded with decent volume today on the Comex electronic exchange. Better than expected US ...

Gold- Fundamental VS Technical Analysis
By Avatrade - Jul 05, 2015

Fundamental Analysis The US economic data was the major hurdle for the bulls who were expecting that the long term fundamentals look gloomy, if we subtract the Greece situation and a rate hike will ...

Gary Savage
WTIC: Oil May Have Topped
By Gary Savage - Jul 05, 2015 1

During after-hours trading on Thursday, Crude Oil broke below the May daily cycle low, confirming the intermediate top occurred on May 6th. It's been my expectation all along that the rally in oil was...

Gold, July 03,2015
By ICN.com  - Jul 03, 2015

Yesterday’s defined target at 1157.00 was reached yesterday where traders met 113% Fibonacci. Currently, gold trades below moving averages 20 and 50, while ADX attempts to overlap ...

Crude Oil, July 03
By ICN.com  - Jul 03, 2015

Oil moved bearishly below moving averages and that could be a motivation for extending the bearishness towards 55.55 as far as 57.40 holds. It is worth mentioning that, RSI trades near 30.00 and ...