Commodities Analysis & Opinion

Notice how many bars 'cut' the moving average on the oil chart below. This means the market is in balance, likely with no edge.Move on or wait for better conditions before taking a position.

Long term trend: bearish Intermediate term trend: bearishShort term trend: bullishVery short term trend: bearishGold found support at 1216 last week after a short and shallow correction and has...

Copper drops 1% in Asia trading as traders continue to book profits after a breathtaking run.Copper’s rise since the Trump victory has really been quite breathtaking. Up nearly 40% at one stage...

WTI crude April. First support at 5385/75 likely to be the strongest of the day but further losses test this week's low at 5345/35. Further losses test last week's low at 5312 but below 5300 risks a...

Gold minor resistance at 1237/39 holding here re-targets first support at 1233/32. If we continue lower, look for support at 1227/26. Further losses target 1220/19. Exit any shorts here & try...

Here are two different looks at Fed rate hikes since Volcker. The charts are the same, but one presentation is a lot funnier than the other. The above image from the New York Times article A History...

In uncertain times, investors often look to gold as a safe haven. This is because gold is perceived as an “alternate” currency whose value does not depreciate along with your ordinary...

For an industrial commodity with a liquid futures market, the “term structure” of the futures market is the most useful — perhaps even the only useful — indicator of whether...

Another view on gold's support. source: investing.com

Crude's weekend gap was filled. So far this week, the outlook is negative. source: investing.com

Good Morning!Yesterdays continued positive exports helped the Corn market to settle higher on the day closing close to the highs. It was not a fantastic rally but it showed how the exports are...

Steve St. Angelo wrote an insightful article relating the silver to gold ratio to the S&P 500. I encourage you to read his articles and analysis.The Silver To Gold Ratio The following graph shows...

In 2017, gold rallied despite the hawkish Fed and the bearish macroeconomic fundamentals. What does it mean for the relationship between the U.S. monetary policy and the gold market?After the Great...

Natural gas has good bounce from support so far. Too late to be short Original post