Commodities Analysis & Opinion

Gold longs stopped below 1249 but if you managed to reverse in to a short position the targets of 1245/44 and 1240/39 were hit. We are oversold with 200 week moving average support at 1236/35 so if...

Soybeans trading above the 500 day moving average at 970/971 but important Fibonacci resistance at 975/976 is key to direction today. Again, shorts need stops above 979. If stops are triggered however...

Corn holding below first resistance at 374/373 targets support at 370/369 & the last line of defence for bulls. A break below here is a sell signal targeting 366 & 363 before the April low at...

We discuss how the financial markets reacted to the FOMC Statement today, if we indeed are going to have a rate hike in June, then Bonds and Gold all else being equal, i.e., no Geo-Political Event,...

Weakness in the gold shares short-term shouldn't prevent investors from recognizing longer-term realignment of trends necessary to transition them from cause/accumulation to mark up (rally).Gold,...

In this article from early April I wrote about the potential for silver (using the iShares Silver ETF (NYSE:SLV)) to make a big move. I also admitted that I wasn’t really sure which way that...

* Market share battles have ONE consistent by-product: Prices gets eviscerated * Current market elements favor a short term bullish posture * Ultimately price appears to be headed to $20...

The gold price is under further pressure today, hovering near a 3-week low after strong data out of the US gave a significant boost to the greenback.At 4.27pm (GMT) gold was trading at $1,247 down...

Power Sharing Crude oil prices are conflicted after a potential Libyan deal to share power from rival factions drove prices close to yearly lows against some strong signs that U.S. oil and petroleum...

Last week here we pondered whether the fall in Oil prices was over. There were signs of a bottom as the price sat at support and the 200 day SMA. But there was also a dark side that suggested further...

A good deal of talk going around the street since the election last year, has revolved around the “reflation theme!” Below looks at a couple of charts that could be suggesting that the...

by Pinchas CohenThe price of iron ore skyrocketed last year, up 81% to $95 levels on Chinese demand. It reached a two-year high in February. However, since then it has plunged 32%, to $67 per metric...

In April I noted that there were three possible pathways price could take and assigned percentages to each of them. We can now eliminate one of the pathways.Pathway #1: Uber Bullish Pathway is now...

This week I thought I would focus on a particularly interesting chart for the outlook for the gold price. I think it is particularly interesting, because both bulls and bears will be able to take...