Commodities Analysis & Opinion

Consolidation around long-term resistance levels is bullish for oil Original post

We’ve gone through a succession of events and processes that were supposed to make gold go up. The following list is by no means exhaustive:Quantitative Easing Bernanke’s Helicopter...

We compare the year over year metrics for the Metals and Currency Markets in this video. Palladium and copper outperformed silver and gold markets. The Russian ruble and Brazilian real strengthened...

With the precious metals running out of puff deep into 2016, recall how they completely dominated our BEGOS Market Standings throughout the year's first two trimesters, (oil also sneaking up there to...

On 30 November, OPEC agreed to cut output by 1.2m barrels per day to 32.5m barrels, effective from 1 January 2017. The agreement is for a period of six months, but could be extended by six months at...

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

U.S. Markets showed weakness this past week as they are working off their overbought conditions very nicely now.Many stocks are nearing support areas along with the indices, and I’m looking to...

The junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling. That’s naturally left investors and...

WTI Crude Oil Non-Commercial Positions: Large speculators and traders raised their net positions in the WTI crude oil futures markets last week following six straight weeks of decline, according to...

Gold Non-Commercial Positions: Large speculators and traders continued to decrease their net positions in the gold futures markets last week for a third straight week, according to the latest...

Unexpected behavior of natural gas futures prices, even after the announcement of a major decrease in weekly inventory on December 1st creates suspicion when you don't see any sudden change in price...

Both oil and natural gas have well-demarcated, multi-month accumulation (base) formations, with natural gas (lower chart) having already exploded up through its key resistance zone at 3.10 - 3.36,...

Crude Oil has had a rocky but positive 2016. Especially when you compare it to the disastrous year in 2014 and the bad year of 2015. With one month left, crude oil is up over 100%. A stock analyst...

Here is the weekly chart of crude oil. As we can clearly see, crude has developed a bullish inverse head and shoulder pattern on the weekly chart in the last 17 months. No pattern should be considered...