Commodities Analysis & Opinion

Gold is fighting with old support-turned-resistance, but Fibonacci projection allow for further corrective gains. Original post

After more than four years of languishing, some hope’s been rekindled in India’s iron ore mining sector.Ore production jumped 22% between April and October, according to figures released...

Trading recommendations Sell ​​Stop 55.30. Stop-Loss 56.80. Take-Profit 54.40, 54.00, 53.70, 53.00, 52.25, 50.70, 50.00 Buy Stop 56.80. Stop-Loss 55.80. Take-Profit 57.50, 58.00, 59.00,...

The HUI index has bounced 21% since December 15th. It’s important to keep in mind that the precious metals sector tends to be very volatile. Yes, it’s pulled back 43% from its August 4th...

There is now little doubt that the yearly cycle low in gold is behind us and we are in the advancing phase of a new intermediate cycle.

Good Morning!Will today be a Grain trader’s paradise? Starting at 7:30 A.M. we have Export Sales and Initial Jobless Claims. At 9:30 A.M. we have the EIA Gas Storage, which should show a draw of...

I’m satisfied enough with gold’s proximity to its gap that I have re-entered my DUST position along with a short GLD position. I’ve got tight stops on these, though, and if GLD gets...

There is now little doubt that the yearly cycle low in gold is behind us and we are in the advancing phase of a new intermediate cycle.

After the press conference of elect President Donald Trump, gold seems to have gone with the flow, naturally increasing in value. However, technically the commodity is showing some signs of weakness....

Good Morning!More good news from the incoming administration that is already showing mastery in creating jobs and now are putting the word out to expect an even playing field with tariffs. If...

Finding A BidOil prices are trying to find a bid after a strong dollar and some commodity index fund rebalancing pressured oil prices. Oil traders are still showing skepticism over production cuts...

Here is what i said about silver on 6th January 2017:Below is the reproduced chart of that day: As we expected silver found support quickly near 16.40 area and reversed higher and pricnted a high of...

Here is what I said about gold on 6th of January 2017. The chart from that day is reproduced below.As we expected, gold should stretch around our expected range of 1190-1192 to provide a better...

Confidence from OPEC’s November production deal buoyed oil markets through the end of 2016. Now that 2017 has arrived, the oil market is showing signs of waning optimism. Part 1 of this article...