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Commodities Analysis & Opinion

Jason Sen
RBOB Gasoline: Fell To 2.9470
By Jason Sen - Aug 27, 2013

RBOB Gasoline fell further than expected to 2.9470. From here down to 2.9440 is Fibonacci support at and could hold the downside again today. However below here look for the next support at ...

Jason Sen
XAU/USD Spot Gold: Edging Higher
By Jason Sen - Aug 27, 2013

Spot Gold is edging higher to our next target of 1414/16. This is major Fibonacci and 8 month trend line resistance and being overbought this should cap the 2 month correction higher. Exit longs and ...

Jason Sen
Brent Crude: Pushed Higher To 111.68
By Jason Sen - Aug 27, 2013

Brent Crude pushed higher to 111.68, just beating the previous August high of 11.53 but closed lower in a reversal day. The double top pattern could now trigger profit taking in to the end of the ...

Gregor Horvat
Gold: A Corrective Retracement?
By Gregor Horvat - Aug 27, 2013

Gold broke to a new high on Friday as expected after recent sideways price action above 1350 area, which was a fourth wave so now market is in wave five, final leg of an impulsive move which means ...

Jason Sen
Nymex WTI Light Crude: Drifting Lower?
By Jason Sen - Aug 27, 2013

WTI Crude made it higher than expected to 107.37 before falling back to bounce just above good support at 105.35/25. Resistance at 106.45/55 could hold the topside with the short term outlook more ...

Jason Sen
Natural Gas: Expect A Low For The Day
By Jason Sen - Aug 27, 2013

Natural Gas filled the gap at 3.548/556 for a selling opportunity and turned lower as predicted towards good support at 3.463/460. We bottomed just above here in the last 2 sessions but could test ...

ICM Brokers
Oil And Gold Analysis: August 27, 2013
By ICM Brokers - Aug 27, 2013

CLCrude oil futures fell on Monday after data revealed sales of durable goods in the U.S. were soft in July and painted a picture of an economy still battling headwinds as it recovers and will demand ...

Doug Short
Weekly Gasoline Update: Prices Unchanged
By Doug Short - Aug 27, 2013

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, the average for both Regular and Premium are unchanged. Regular and ...

James Chen
Gold Maintains Recovery Mode
By James Chen - Aug 26, 2013

Gold's daily chart has maintained its recovery of the past two months after rising from its late June multi-year low at 1180. The clear bullish trend of this two-month period has seen a well-formed ...

Matthew Bradbard
Soybeans Have Caught Fire
By Matthew Bradbard - Aug 26, 2013

The easy money has been made on November soybean longs in my opinion. I am not calling for a top and do think futures will work higher but the risk is increased as futures have advanced 19% in the ...

Eric Dutram
Investing In U.S. Natural Gas Production
By Eric Dutram - Aug 26, 2013

As fracking continues to develop and new reserves are discovered on a daily basis, the world has watched natural-gas production surge. Though still a non-renewable resource, natural gas burns cleaner ...

Matthew Bradbard
The Line In The Sand: 8/26 - 8/30/13
By Matthew Bradbard - Aug 26, 2013

Below, a weekly technical update, published at the beginning of each trading week in spreadsheet format to help you develop your trading game plan by identifying the short-, medium- and long-term ...