Commodities Analysis & Opinion

I saw a recent tweet talking about how losing trades can be more instructional than winning trades. I happen to think that, for a trend follower, you can learn more from winning trades.A famous...

Serious break of confidence in Crude oil.Original post

Gold Original post

Key Points: Iran/Iraq split with OPEC over production targets. Crude oil collapses over 10% in the past week. Oil rebalancing still occurring and any rally will ultimately be self-defeating. Crude oil...

Crude oil is showing five waves down within black wave 3, including five minor subwaves down from 45.90, so we think that correction can be coming now. This will be wave four then that can retrace...

In the absence of the extreme degree of price intervention being conducted by the western Central Banks and bullion banks in the paper gold and silver markets, the price of both precious metals would...

Gold closed just above 1300 and the 50 MA for a second day in a row, as shown on the following daily chart. The RSI and MACD downtrends have now been broken to the upside.The next major resistance...

Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent...

Good Morning!We have a lot of reports today starting with Export Sales and Initial Jobless Claims at 7:30 A.M., Factory Orders and ISM non-Manufacturing at 9:00 A.M., EIA Gas Storage at 9:30 A.M.,...

On the intraday chart of gold we see a sharp impulsive structure in the making, that could potentially prove to be an extended wave 3) of a higher degree cycle. If that is the case then recent...

First off, congratulations to the Chicago Cubs for their remarkable victory. This is literally the first time in my life I turned on a baseball program, and I guess I picked a good one. What a...

Gold hit the target of 1306/08 and dipped to just above the important 1294/92 level. Holding above here keeps bulls in control today to re-target 1300 perhaps as far as 1306/08. We are overbought, so...

History Is MadeHistory was made yesterday and I am not talking about the Chicago Cubs. No, I am talking about the biggest crude-oil build since the Energy Information Administration (EIA) has been...

Yesterday, the FOMC members leaved interest rates unchanged. What does it mean for the gold market?As it was expected, the Fed officials kept interest rates unchanged at between 0.25 and 0.50 percent...