Commodities Analysis & Opinion

The price of gold dropped from $1,241 as of Friday’s close to $1,219 on the close Monday, or -1.8%. The price of silver fell from $16.58 to $16.11, or -2.9%. It is being called a gold and silver...

XAU/USD's downside movement from the June 6 high of 1295.94 extended to as low as 1218.45, breaking below the major support trend line from the January 27 low of 1180.51 to the May 9 low of 1214.17 at...

Gold has started the week with considerable losses. Spot gold is trading at $1222.08 per ounce, down 1.56% on the day. On the release front, today’s key event is ISM Manufacturing PMI. The index...

Something ugly could be hitting the financial/economic system soon. To blatantly hit gold like this when no one is around is a sign of desperation. The FANGS had an brutal reversal today despite the...

I’m not the sharpest knife in the drawer, and sometimes it takes me years for a truth to sink through my thick skull. Allow me to give you a couple of examples.The first has to do with buying...

Following up on a previous post on Crude Oil tactical indicators, it's timely to check in on a couple of charts after about a 5-point move off the bottom. Speculative futures positioning has moved...

Scrutinizing a flash, suddenly appeared on the screen “Mid-Year Market Report: Blow-Out First Half For Cryptocurrencies” inclined me to go with the wind while find the uncertainly looms...

Gold's uptrend line is broken for now. source: Investing.com

While in New York last week, I had the privilege of seeing many colleagues face-to-face. It’s always a pleasure for me to be able to talk gold with industry friends and experts. One stop during...

Crude oil’s explosive rally recently has been a thorn in my side (although the NASDAQ’s weakness has helped balance it out). I wanted to take a look at recently counter-trend rallies in...

Silver futures price seems to form a double bottom at $16.075, I find this formation as a good opportunity to go long strictly with a Stop Loss Order at $ 15.958.Have a nice trading time.

While the shale revolution has President Donald Trump not only declaring our future energy independence he is also declaring a new era of energy dominance. The reason is shale oil, along with other...

Gold Today –New York closed at $1,241.40 Friday after closing at $1,244.30 Thursday. London opened at $1,235.25 today.Overall the dollar was stronger against global currencies, early today....

The trading instrument has been growing for the second week in a row in view of reduced oil production in the USA. According to the US Department of Energy, the volume of production in the country...