Commodities Analysis & Opinion

In the U.S. overall petroleum inventories continue to fall as the petroleum oversupply drain game has begun. Not only did we see the API report an 840,000 barrel drop in crude oil inventory but also...

Decreasing tensions in Asia sees gold drop, but a murky French election will keep buyers interested on dips.Gold regained some of its losses overnight to open in Asia at 1288. The net effect, however,...

WTI crude first support at 5225/15 likely to break today to target support at 5130/20. This should be an excellent buying opportunity with stops below 5095. An unexpected break lower targets...

Gold shorts at 4.5 year trend line resistance at 1292/94 working perfectly again today as we look for first support at 1283/82. Obviously I am looking for a correction now and below 1280 keeps the...

Short term Elliott Wave view in gold (XAU/USD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii)...

Gold is a favorite asset among day-traders traders, and for good reason. The commodity has long been the go-to safe haven of the world, making it relatively easy to predict where it is headed moving...

What is the very big picture of spot Gold telling us, if anything? That there is a very bullish outlier scenario that could be unfolding…We can make the case that all of the action from 2013...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up one and two cents each, respectively, from last...

The big trade of this year would position one for the upcoming US recession. When it comes to speculating and investing, if one can get the main concept right, everything else falls into place....

Turkish President Erdogan won a crucial constitutional referendum. What does it mean for the gold market?On Sunday, Recep Tayyip Erdogan, president of Turkey, narrowly won a referendum that will...

As Brent oil touched $49.72, a trend-reversal happened in prices.Brent oil had a great hike from 49.72 $ to 56.63 $ as sub-wave "1orA" .We are having a correction that may continue to Ret 50-61.8%...

After surging towards $1300, gold is taking a well-deserved short term rest. Can the rally continue?Geopolitics news has gotten most of the credit for this rally, but Indian dealers have been buying...

The gold price has continued to move higher today and is expected to remain well supported in the run up to the French Presidential elections.At 3.56pm (GMT) gold was trading at $1,288 up from $1,283...

Good Morning!The Crude Oil markets look pretty toppy but looks can be deceiving the market is trading near another support level. With Ethanol production at all-time highs and talk of fracking has...