Commodities Analysis & Opinion

Gold: Bullish Attempt With Failure Below 1065.00
By - Nov 25, 2015

Yesterday, gold attempted to decline, but trading above 1065.00 may assist RSI to incline, while ADX bearish signals become weaker. We can depend now on the strength of 1065.00 to suggest potential ...

Copper Trading Below Downward Trend Line
By Avatrade - Nov 24, 2015

Copper is firmly trading below the downward trend line and this confirms that the trend is towards the downside. As long as we stay below this trend line, the bears will stay in control of the price ...

Elliott Wave Forecast
Oil Short-Term Elliott Wave Analysis – November 25, 2015
By Elliott Wave Forecast - Nov 24, 2015

Oil Short term reading of the Elliott Wave cycle suggests the decline to 39 at 11/21 ended wave ((B)) and oil has turned higher in a double three structure where wave (w) ended at 41.66, wave (x) ...

Mike Paulenoff
Crude Oil's Next Target
By Mike Paulenoff - Nov 24, 2015 2

Monday's Saudi announcement coupled with Tuesday morning's geopolitical tensions have combined to goose oil prices higher for a second day. What's impressive is that the pattern of higher-highs and ...

Tommy Humphreys
Crude Oil Just Made An Important Low
By Tommy Humphreys - Nov 24, 2015

With all the mess that’s occurring in Syria it’s surprising that something worse (from a geopolitical standpoint) than Tuesday morning’s downing of a Russian fighter jet by Turkey ...

Sol Palha
Is Gold On Verge Of A Breakout?
By Sol Palha - Nov 24, 2015

Hasten slowly and ye shall soon arrive. -- Milarepa In August, we came out and openly stated in an article titled the gold Bull Is Dead that it was not the time to buy gold. At the time, many ...

Dan Flynn
Thin Holiday Markets And A World Gone Mad
By Dan Flynn - Nov 24, 2015

Good Morning! Turks shoot down a Russian jet only to click the doomsday clock closer to World War 3. And what are the clowns doing in Washington? I assure you nothing to click the clock back and learn...

OPEC Sit Down Stirs Oil Speculation
By Alvexo - Nov 24, 2015

Next week may bring new patterns to the crude-oil market, as OPEC is scheduled to meet in order to discuss the industry outlook for the cartel on December 4. Recent reports indicating that maximum ...

Kenny Fisher
Gold Edges Higher, US GDP Ahead
By Kenny Fisher - Nov 24, 2015

Gold is steady on Tuesday, as the metal trades at a spot price of $1074.19 in the European session. In the US, all eyes are on Preliminary GDP. As well, the US will release CB Consumer Confidence. On ...

Kenny Fisher
Crude Oil Steady At $42 Ahead Of U.S. GDP
By Kenny Fisher - Nov 24, 2015

US Crude is showing strong movement on Tuesday, as the pair trades at $42.26 a barrel in the European session. In the US, all eyes are on US Preliminary GDP. As will the US will release CB Consumer ...

Steve Saville
Why Is The Gold Price So High?
By Steve Saville - Nov 24, 2015

With the USD gold price near a 5-year low, the above question probably seems strange. However, the USD isn’t the only measure of price. It is also reasonable to measure gold’s price in ...