Commodities Analysis & Opinion

Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday. Lots of bullion investors are wondering what in...

Sentiment and PositioningWhen we last discussed the gold sector correction (which had only just begun at the time), we mentioned we would update sentiment and positioning data on occasion. For a...

Twice last week soybeans rallied from the quarterly stocks September 30 low to the 50- and 200-day moving averages at 9.73 basis November. However the rallies both times were short-lived as record...

Happy Columbus Day!Hurricane Matthew is in the rearview mirror after making landfall and ponding North and South Carolina with heavy rains and flooding. Tropical Storm Nicole is trolling a meandering...

Crude oil prices have extended the bounce from the USD42.55 low of September, with prices now pressuring congestion around USD50.00.A short-term pullback is highlighted, as overbought daily studies...

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...

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...

Following the recent bullish trend higher, oil prices closed off the four month high on Friday as fundamental issues continue to weigh heavily. This is coupled with ongoing uncertainty regarding OPEC...

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...