Commodities Analysis & Opinion

Zinc futures price seems to enter a downward trend zone on June 22nd, 2017 once again as it did on May 24th , 2017. Zinc futures price faced a stiff resistance at $2705 as I predicted on June 22nd,...

Gold's long entry point (1,230) not reached. source: Investing.com

By David Smith, Originally Published on Money Metals ExchangeAn asymmetric trade is a situation where investing a relatively small amount of money holds the potential of yielding a profit many times...

Good Morning!We kickoff the trading day with Export Sales and Initial jobless Claims at 7:30 A.M. EIA Gas Storage at 9:30 A.M. and the Cold Storage report at 2:00 P.M. With the weekly EIA Gas Storage...

The Citi U.S. Macro Economic Index plunged recently. What does it imply for the gold market?As one can see in the chart below, U.S. economic data has recently disappointed expectations. The U.S....

We’re seeing risk aversion in the markets once again on Thursday, with US futures currently slightly in the red, gold adding to recent gains and the yen edging higher.Traders Continue to Test...

Gold is making a sharp and strong reversal higher, away from 1249 level, where wave four was completed. As such we now see final wave v in motion, with a projection target of 161.8. Once wave v unfold...

Crude oil is trading at the level of $42.60 per barrel, after making a low of $42.05. U.S. oil production rose by 20,000 barrels a day last week to 9.35 million, the EIA reported Wednesday. While...

In the latest edition of the Weekly Macro Themes report we talked about the likelihood of further short-term downside in the oil price based on a few factors. However this is a tactically bearish view...

Two words are dominating the U.S. aluminum industry’s focus as it awaits the Department of Commerce’s Section 232 investigation findings relating to aluminum (and steel) imports: Chinese...

Zinc futures price seems to enter a Bulls Trapping Zone. Zinc futures price has already completed a double top at the current price with more exaggerated speed and will face stiff resistance at $2705...

Physical delivery premiums are a pretty accurate measure of primary aluminum metal supply. They reflect the balance between suppliers’ aspirations for the highest price and buyers’...

Oil’s suffering continued overnight with both Brent and WTI finishing over 2 percent lower in the New York session. The story, however, isn’t the headline fall for the session, it is the...

by Chaim Siegel of Elazar Associates LLCGold prices have been down for nearly two straight weeks. Any lower and you break an uptrend, which is worrisome. There are three factors bothering gold which...