Commodities Analysis & Opinion

Oil May Witness A Decline
By - Nov 19, 2015

Crude oil futures for January 2016 contracts started today where we can see how prices stabilized below 61.8% Fibonacci at 42.80 and below moving averages. We may witness a decline towards 40.55 ...

Ross Woodfield
Gold Finds Support In An Unlikely Place
By Ross Woodfield - Nov 19, 2015

Gold has been bid up off the recent six year lows, which comes as a bit of a surprise given the market’s expectation of a forthcoming rate rise. The support gold found in recent trading has come...

Alhambra Investment Partners, LLC
Oil Is Starting To Drag
By Alhambra Investment Partners, LLC - Nov 19, 2015

US industrial production contracted again in October, having declined now in seven out of 2015’s ten months. Year-over-year, US IP increased by the smallest amount since 2009, barely positive at...

Dan Flynn
Grains Bounce Back
By Dan Flynn - Nov 18, 2015

Good Morning! In the overnight electronic session the December corn is currently trading at 363 ¾, which is 1 ¾ of a cent higher. After opening on the lows posted at 362 along with ...

Phil Flynn
Oil Holds Above $40
By Phil Flynn - Nov 18, 2015

Paris Attacks Oil prices rebounded on reports of a drop in supply and also gained support as Paris police battled overnight to try and capture those responsible for the murders in the recent terrorist...

Tiho Brkan
Commodities Approach Major Support
By Tiho Brkan - Nov 18, 2015

CRB Index has spent almost 1.5 years trading below its 200 day MA Source: Short Side of Long Yes, we understand that everyone hates commodities with sentiment so universally bearish. And yes, we also ...

Gary Savage
Gold Looking For A Bounce
By Gary Savage - Nov 18, 2015

Yearly cycle lows tend to form on divergent momentum. There is currently a large divergence on the weekly gold chart. I'm looking for a bounce and then once more lower low in December. Although I ...

Kenny Fisher
Gold's Woes Continues, FOMC Minutes Ahead
By Kenny Fisher - Nov 18, 2015

Gold is showing limited movement on Wednesday, as the metal trades at a spot price of $1070.20 in the European session. Gold prices continue to soften, and lost over 1.0% of its value on Tuesday. Gold...

Gold- Upward Bias Building Up
By Avatrade - Nov 18, 2015

The yellow metal has formed a double bottom on a 30 minute time frame. The pattern will be confirmed once we break above the 1073 mark and the projection of this pattern will target the level of 1085....

Ross Woodfield
Silver Knocking On The Door Of 6 Year Low
By Ross Woodfield - Nov 18, 2015 3

Silver has been hammered lower over the past month as speculation mounts that the Fed will make a move on monetary policy in December. That has left silver knocking on the door of a six year low, so ...
Gold: Stable Move Below 1081.00
By - Nov 18, 2015

Gold The bearishness extended gradually along with bearish signs on ADX and stable move below 1081.00, which increase the negative pressures. Fibonacci of 127.2% at 1081.00 acted as resistance for ...
Oil Remains Stable Above 40.00
By - Nov 18, 2015

Oil The downside move seen yesterday weakened the bullish recovery attempt, as trading remains stable above 40.00, which could be the D point of the harmonic AB=CD pattern. Meanwhile, stabilizing ...