Commodities Analysis & Opinion

Gold broke 1260/59 but bottomed exactly at the longer term Fibonacci support at 1250/49. We have bounced 10 points as I write over night to the 200 day moving average at 1258/59. A break above 1262...

WTI crude eventually shot higher through 5000 with bulls in full control, despite severely overbought conditions and we topped just 8 pips above the first target of 5045/55 and 8 ticks below the next...

Our Stainless MMI rose 4% in September. The complexity and uncertainty of the supply equation is giving support to nickel prices, so far, this year.Philippines To Close More MinesPhilippine nickel...

Mirror pictures with bullish implications for crude Original post

Gold may find some support hereOriginal post

This week's drop in the gold price has spooked many investors, says money manager Adrian Day, who provides his perspective on the volatility. Let's cut to the chase: we do not think the drop in gold...

“We’re not going to play a winning hand every day.” John PaulsonWe don’t want stocks ripping everyday or that means the end is near. Stocks continue to base and act fine along...

This video discusses the completion of gold's intermediate cycle and looks ahead to future price performance in both gold and miners. I thought I would add this chart. When you think about it...

Is the WTI oil rally ready to bust, or is this the beginning of a boom?OPEC’s pledge to trim output quickly changed the short-term landscape of the crude oil market but it probably didn’t...

Despite the fact that spot silver is down 20% off of its July high at $21.17, my bigger-picture pattern and momentum work argue strongly that current weakness is an intervening correction between two...

Good Morning!As Matthew marches on residents in Florida, Georgia and the Carolinas are on alert and are warned not to try and weather this storm. Following Matthews onslaught, Tropical Storm Nicole is...

It’s been a heck of a year for precious metals. Through 3 quarters this year, gold, silver and the miners were out-performers.HOWEVER, those good vibes have been lost on investors during the...

There has been a lot of discussion in the past year about the strength of technology stocks and the return to “Nasdaq 5000.” Of course, such lofty heights also bring out the arguments over...

Oil is Working its Way Up a Price Channel on the 5-Minute Chart Oil is working its way up a confirmed price channel on the 5-minute chart. In the channel’s critical decision wave, oil returned...