Commodities Analysis & Opinion

Happy New Year Traders!2016 was a great year and we look forward to sharing our thoughts on the market with you. Let's start with crude.It is interesting to note that for the past few weeks that...

GLD (NYSE:GLD) – on buy signal. SLV (NYSE:SLV) – on buy signal. GDX (NYSE:GDX) – on buy signal. XGD.TO (TO:XGD) – on buy signal. CEF (NYSE:CEF) – on buy signal. Gold...

**These are my thoughts on the SPY (NYSE:SPY) ETF Men who can both be right and sit tight are uncommon- Jesse Livermore We continue to see strong action. The trend remains up so let it work for...

Gold is now in the advancing phase of a new intermediate cycle. Bearish sentiment at the recent bottom was among the most extreme readings we have seen in the past 40 years. This should be the fuel to...

We discuss the EIA Weekly Oil Report, check out the Futures market, and discuss the longer term outlook for the market given mature and declining demand in the developed world, massive supply...

Natural gas seems to be struggling between conflicting announcements of weather and continuous declining inventory. The recent fall in natural gas futures price was unexpected but the announcement of...

Natural Gas has been in a long period of low prices, high inventories, over production, glut…etc. However, all of that is about to change for the long term.

Here is what I said about silver on 27 December, 2016. That day's chart is reproduced here:As we expected earlier, silver must hold the 15.70 area and reverse to break the resistance of 16.30. This is...

Gold hit important resistance at 1180/82 and topped just below 1185. I feel confident this will mark a high for the recovery in the bear trend. Try shorts with stops above the December high at...

WTI Crude has recovered 61.8% of Tuesday's losses. Resistance at 5400/10 is key therefore. Shorts need stops above the LATE December high at 5437 to target the December high at 5450/51. Above 5460 we...

MetalMiner’s index of global precious metals prices dropped yet again this month, falling 3.8% for a January 2017 reading of 76, down from 79 in December.Key Precious Metal MoversThe U.S....

After surging in November, base metals fell across the board in December. That selling pressure spread into aluminum markets, limiting any upside moves into the year-end. Prices however didn’t...

Gold posted strong gains on Thursday. In North American trade, the spot price for one ounce is $1182.70. On the employment front, ADP Nonfarm Employment Change disappointed with a reading of 153...

With some forecasts predicting a very cold and bitter winter ahead, we present our seasonal heating oil update. We will be following this closely throughout the season.We've used data based on the...