Commodities Analysis & Opinion

The chart below looks at the Oil Service Index (PHLX Oil Service) over the past decade. From the highs of 2014 to this year's lows, the index declined nearly 65%. Could it be creating an trend...

Gold is Bottoming for a Retrace to VWAP of its Silver and Red Megaphones Gold’s trying to bottom for a retrace to 1325. If you see a little triangle right shoulder form on the inverse H&S...

IstanbulCrude Oil traders turn their eyes towards Istanbul where OPEC and non-OPEC nations meet at the World Energy Congress in Turkey to finalize a global oil production cut. Even as some express...

Oil: Next support levels to watchOriginal post

First long-term Fibonacci support (mentioned in a previous post) has held so far, but the trendline break has confirmed the gold uptrend weakness. Original post

Gold Gains On Post-Holiday Demand From ChinaU.S. non-farm payrolls rose by 156k last month, down from a gain of 167k in August. The unemployment rate ticked up a tenth of a percentage point to 5.0% as...

Last week was a torrid time for the precious metals, with both gold and silver breaking through key support levels above, and as a consequence turning heavily bearish. The two charts are almost...

Human nature is nothing if not consistent. I’ve seen this dozens of times. At every single intermediate cycle low, traders begin to doubt. No matter how strong the bull signals are, when a...

Our Renewables MMI was flat this month. While solar and wind still remain hot investment markets, the political discussion going on right now about the next four years greatly overestimates their...

Gold Rallies Towards 1280-1290, But Could Face Resistance Original post

Crude oil support and resistance levels for the beginning of the weekOriginal post

On the daily chart of gold, we are observing a nice three wave correction taking place with sub-wave C in final stages as part of a higher degree correction of wave B) or II). If that is the case,...

Had a lot of distractions recording this video, but some interesting analysis in between regarding some thoughts on the Gold Market. We discuss the Dollar, Bonds, Oil and the Carry Trade as well in...

During the day on Sunday, the Iraqi oil minister, Jabar al-Luabi suggested that the oil and natural gas producers in the country need to increase output next year. This of course flies in the face of...