Commodities Analysis & Opinion

Below looks at Steel ETF (NYSE:SLX) over the past 10 years. As you can see, SLX is testing the underside of several resistance levels. Should SLX succeed in breaking above this resistance cluster at...

Since I did my “short gold” post for Slope Plus members on February 8 (which turned out to be the exact peak), I’ve been anxiously watching both the metal and its miners. So far, so...

It’s been a slow start to trading on Monday, with a lack of major news flow or data providing few catalysts, but unlike last week that is unlikely to continue with numerous events scheduled that...

Last year, investors were wondering whether copper was worth more than $6,000 per metric ton or not.Late in 2016, prices were struggling to overcome this psychological level, but things are shaping up...

The 2010 Dodd-Frank law explicitly gives the President of the United States authority to order the U.S. Securities and Exchange Commission to temporarily suspend or revise the Conflict Minerals rule...

Copper prices have been on the rise and could continue their ascent if the world’s two biggest copper mines continue their strike.According to a recent report from CNBC, copper futures contracts...

Nothing new this morning as markets open and we all get settled back in, but I just wanted to highlight this support/resistance level that we posted in Thursday’s oil blog:Oil Hourly: Remember...

This week, the prices of the metals moved up on Monday. Then the gold price went sideways for the rest of the week, but the silver price jumped on Friday. Is this the rocket ship to $50? Will...

Sometimes we get lucky. Four weeks back when Gold's parabolic weekly trend flipped from Short to Long, we penned on 14 January "Gold Seeking 1240 on this Up Run". Done: Gold reached this past...

Just superb action as the bull market continues.The metals have been acting pretty strong as well but did show weakness into the end of the week which suggests to me more time and basing action is...

WTI Crude Oil Non-Commercial Positions:Large speculators and traders cut back on their bullish net positions in the WTI crude oil futures markets last week for the first time in four weeks, according...

Gold Non-Commercial Positions: Large speculators and traders decreased their bullish net positions in the gold futures markets last week following two weeks of advances in net bullish bets, according...

Copper Non-Commercial Positions: Large speculators and traders reduced their net positions in the copper futures markets last week for the first time in three weeks, according to the latest Commitment...

Silver Non-Commercial Positions: Large speculators and traders continued to increase their bullish net positions in the silver futures markets last week for a sixth consecutive week, according to the...