Commodities Analysis & Opinion

Gold has prolonged bullish trading session with a 1251.34 high yesterday and currently, XAU/USD is confined 47-pips range price action, slightly above 50-SMA (H1). Overall, gold added +$53.89 since...

Midland Exploration Inc (V:MD) continues to explore aggressively on its joint-venture projects and (judiciously) on its own land. In all, for this year, the company plans 25,000 feet of drilling with...

We present our seasonal heating oil update which we will be following this closely throughout the season.We've used data based on the Energy Information Administration (EIA), which publishes price...

Gold futures finished the session a hair under 1250.0 an ounce Wednesday settling at 1249.7. Today’s settle puts the yellow metal up $19.70 for the week so far and the rally can be mostly...

Live CattleApril live cattle gap opened higher on Wednesday, March 22, 2017, (Tuesday high -120.075 – Wednesday low – 120.15) and never looked back as it reached its allowable limit up...

Key Points: Double bottom structure seems to be forming. Ascending trend line should now come into play. US Inventories build has likely delayed the rally. Oil prices look to have finally found a...

Like most of you who trade oil futures I like to keep current on a host of supply-demand related data points. From active rigs counts, US weekly production totals, and demand forecasts, I read them...

As mentioned in yesterday's article, gold in USD finally resumed with its uptrend and broke easily the 68.2% fibonacci retracement (+/-1237.50) (1) on the daily chart gaining more than $17 (its 2nd...

Last week, several U.S. economic reports were released. What do they imply for the gold market? The FOMC meeting and parliamentary election in the Netherlands prevented us from covering recent...

Copper was quick to recover from the 2009 low as it rocketed higher. That ended at a peak in early 2011, up about 200% from the low. But then when the equity markets continued to move higher copper...

Health Care and OilNormally when oil makes a decisive move it is usually because oil inventories, or a headline out of the Middle East. Yesterday oil moved because of Health Care uncertainty. Speaker...

There is a combo chart for the PM complex I’ve been following, on the short-term, 10-month daily view, which shows a potential H&S bottom forming for the Precious Metals complex. I put a...

On March 25-26 the monitoring committee for the OPEC-non-OPEC oil production agreement will meet in Kuwait. This meeting comes amidst recent volatility and a drop in oil prices to below $50/barrel for...

Today natural gas has to face double chart resistance (circled chart points) as well as Fibonacci resistance. Original post