Commodities Analysis & Opinion

Gold has underperformed both in nominal and real terms. Last week it formed a bearish reversal in nominal terms and against foreign currencies. However, the good news for bulls is the US Dollar Index...

Natural gas long-term bullish, but the uptrend line may well be challenged. Original post

It is getting harder for crude oil shorts to justify their positions. Longs can use a stop protecting them from whipsaws. Original post

Gold testing the first big fibonacci resistance for the 2nd time. A breakout could lead towards 1.250. Original post

Most of the trade publications in the energy industry continue to talk about “strong demand” for energy products, including gasoline. They, in fact, never actually stopped using the...

Revised view suggests that Crude Oil rally from 1/10 low (50.71) is unfolding as a diagonal where wave 1 ended at 54.08 and wave 2 is proposed complete at 52.22. A break above 54.08 would add more...

Last night’s American Petroleum Institute (API) showed a whopping build of 5.8 million barrels and the market just seemed to shrug the news off. Saudi Arabia’s oil minister Khalid al-Falih...

It was just a little over a year a ago when Saudi Arabia declared open warfare on the U.S. energy producer, dumping cheap oil on U.S. shores to try to drive the U.S. oil producers out of business. Now...

Gold ended 2016 with a whimper. The last 2 months saw it fall from 1315 to a low of 1125, almost 15% lower, thanks to a strong USD and perhaps Donald Trump’s policies. Whatever the cause, the...

Gold made a bear-market bottom in 2015 followed by a higher yearly cycle high and yearly cycle low in 2016 and has begun a new bull market. However, following the 4-year bear market, traders are...

XAU/USD H4 chart makes its double top at 1220.04 and second higher low at 1214.44 resulting in skewed double top formation a valid sign seller taking control on buyers.GANN level 270 degree (1207.86)...

Here is the 2 hour chart of silver: Silver has just hit the high of 17.633, which is exactly 138.2% of the previous flat correction from 17.358 to 16.638, which is somewhat confusing. If my concern is...

Here is what i said about silver on 28 January:Here is the chart of that day given below As expected silver moved higher after printing the low of 16.638 only and now trading higher in the area of...

Here is what i said about gold yesterday:Here is the previous chart given below: i was expecting this bounce to finished about 1210-1212 area but as it is evident i was wrong. Gold did a high of...