Commodities Analysis & Opinion

Gold: Long Squeeze On Holiday MarketGold rose on Wednesday, recovering after hitting its lowest in more than three months in the previous session. The drop on Tuesday was bullion's biggest one-day...

The savage reaction in gold yesterday surprised even me, and following my gold post of yesterday morning, I thought it would be apposite to follow up with another for gold and silver, as the technical...

Main scenario:The market is trading along a sideways trend between support 47.90 and resistance 49.00.A downtrend will start as soon, as the market drops below support level 47.90, which will be...

Oil markets have rallied rather substantially over the last several sessions, but here at The Trader Guy, we are not so bullish on the commodity as there are a lot of things to consider. Yes, OPEC did...

Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high.Gold fell below $1,300 today for the first time since the Brexit vote in...

Whilst the precious metals collapsed and turned heavily bearish, copper too is having its own battles to maintain the bullish trend of the last few weeks, which has propelled it from the low of mid...

SummaryVanEck Vectors Gold Miners (NYSE:GDX) was 29.94 when I said gold miners decline coming. It’s 24 now, a 19.8426.61% decline. Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG)...

Wowww. What about that drop in gold.The largest single day fall in just under THREE YEARS! The drop has been today attributed to the Richmond Fed President Jeffrey Lacker’s urging of the central...

November crude oil continued to follow through to the upside on Tuesday, October 4, 2016, making a new high for the move and nearing resistance levels at 49.36 with a high of 49.26. The close above...

Trendline support at 2.80Original post

Below looks at silver on a monthly basis -- back to the 1970s. Since the 2011 high,silver has created a series of lower highs and lower lows.An important cluster is in play for the metal, and it has...

The price of gold has been doing quite well since January. From a low bout 1060 per ounce to start the year, gold was up to almost 1400. That is better than a 30% return. But since making a high in...

Gold broke to the downside which I assumed it will happen as bearish momentum was increasing over the last few days. Gold is now beneath 1300 area, so I reviewed the wave count on higher time frame...

Well, everyone’s been very excited about the WikiLeaks announcement from Julian Assange. This has been anticipated for months and there were plenty of folks who thought there would be some...