Commodities Analysis & Opinion

Gold expecting some correction next. Original post

We discuss the EIA Oil Inventory Report in this video, focusing on the fundamentals of the oil market with the third stellar oil report in succession, what the drivers for the positive reports has...

Live CattleThe October Live Cattle contract broke down below the 200 DMA (114.65) on Tuesday July 25, 2017, making its way down to test support at the July 6th low (112.425) with the session low at...

Natural Gas futures price movement has been well according to the expected propositional zone which I concluded in my last analysis for the period from July 25th to July 28th, 2017. Although,...

Today, the Federal Reserve is due to release a statement from its July meeting. What can we expect and how can it affect the gold market?The Fed is expected to leave interest rates unchanged. The...

Gold is unable to make the breakout on the long-term chart. source: Investing.com

Obviously many natural gas stops are located @ 3.00. source: Investing.com

The gold price is facing headwinds for a third straight day today as investors await an interest rate decision from the US Federal Reserve followed by a monetary press conference. Overall gold has...

Give me those Old Time FundamentalsOil prices had its biggest up move of the year, rising 3.3% on lower supply and higher demand. I don’t mean to be so fundamental about the fundamentals, but in...

Busy Day AheadThis morning we have June Home Sales at 9:00 A.M., EIA Energy Stocks at 9:30 A.M., Dairy Product Sales at 2:00 P.M., FOMC Meeting and more Earnings. On the corn front the market is...

Rising US rates and falling confidence in the management of the euro and European banking system has been driving the dollar higher (Euro lower) since 2017. The bears, citing a well-defined downtrend...

Orange juice reserves reduced in the USThe US Department of Agriculture (USDA) reported a decrease in orange juice reserves. Will its prices grow?The frozen orange juice reserves decreased to 544.4...

Crude Oil WTI, short term viewLet us trace recent moves on crude oil WTI and make some assumptions of its future steps. In this issue we deal with a short term view for oil, look for a long term...

On Monday July 24, the members of OPEC's technical committee met in St. Petersburg, Russia, to assess continued compliance with the OPEC and non-OPEC partnership deal. This meeting was particularly...