Commodities Analysis & Opinion

Why Saudi Arabia Won’t Cut Oil Production
By - Aug 27, 2015

Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of complex problems and decisions going ...

Elliott Wave Forecast
Oil (CL) Short-Term Elliott Wave Analysis – August 27, 2015
By Elliott Wave Forecast - Aug 27, 2015

Oil rally to 49.5 ended wave 4. From this level, the internal of wave 5 of (3) lower is unfolding in 5 waves, where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 37.75, ...

Peter Brandt
Bearish Silver Is Back On The Table
By Peter Brandt - Aug 26, 2015

Seven month symmetrical triangle has been confirmed Decline on August 25 triggerd an 8-week H&S failure In recent weeks I have noted that the silver chart is a textbook example of the veracity of ...

Jay Kaeppel
Silver Resumes Its “Wave” Goodbye
By Jay Kaeppel - Aug 26, 2015

Occasionally in the past I have mentioned the idea of using daily and weekly Elliott Wave counts that are in sync as a tool to identify trading opportunities. (See also Life Beyond Buy And Hold) Most ...

Dan Flynn
Crude, Nat Gas And Ethanol: Levels To Watch
By Dan Flynn - Aug 26, 2015

Stocks Rolling in the Early Going Again! The Peoples Bank of China said it would inject $21.80 billion into the financial system in a new easing effort and our Stock Market loves to drink the Kool-Aid...

Why Oil Producers Don’t Cut Prices
By TradingBanks - Aug 26, 2015

Oil Prices At 6-Year Low Yet, huge oil-producing nations continue producing more. Investors and traders may be wondering: Don’t they know that they’re only making the situation worse? In ...

Danske Markets
Commodity Markets Hit By Global Growth Concerns  
By Danske Markets - Aug 26, 2015

The past month has been hard on the global oil market and base metals market with prices for Brent crude and LME copper 3M falling to the lowest levels since 2008 and 2009, respectively. As we wrote ...

ICM Brokers
Crude Extends Gains, Gold Tumbles
By ICM Brokers - Aug 26, 2015

CL Crude oil futures extended strong gains on Tuesday, after China's central bank cut interest rates, as Beijing steps up efforts to boost economic growth and halt a stock market rout. Crude oil for ...
Gold Moves In Bearish Correction
By  - Aug 26, 2015

RSI becomes more negative, while ADX hints at further correction. Meanwhile, gold is facing SMA2, attempting to breach it to prove extending the bearish correction. We see chances for achieving ...
Oil Moves Sideways Above 127.2%
By  - Aug 26, 2015

Oil moves sideways above 127.2% at 38.95 and below 39.80 as seen on the provided chart. Assessing indicators, RSI14 moves sideways below 50.00 levels, while ADX shows unclear signal. In result, we ...

Anna Coulling
Where Next For Gold...And Silver?
By Anna Coulling - Aug 26, 2015 1

Whenever I put the proverbial pen to paper and start to write about gold, I can already hear the chorus of dissenting voices from those traders and investors who only view their beloved metal as ...