Commodities Analysis & Opinion

Contributed by Rohit Goel Crude oil prices have been on a wild ride over the last couple of years, dropping from $100+ in late-2014 to $26 in early-2016, then miraculously doubling over the next few...

I see potential triangles forming in several of the precious metal charts. Prices will eventually break lower from these consolidations and drop into the next intermediate low. I'm yet to see a low...

Nineteen years ago, South Korea came precipitously close to bankruptcy.The Asian financial crisis had spread like a virus. Thailand, Malaysia, Singapore and other Southeast Asian countries were all...

Below looks at silver dating back to the early 1970s. Silver created an important top at $50 in 1980, but did it create another important top at the same price in 2011? Silver hit $50 in 2011 -- the...

If gold is to move substantially higher and retain the bulk of those gains, inflation needs to become a significant concern. This is the eight-hour bars gold chart. An upside breakout seems imminent,...

Corn continues to extend the bounce from the USD301 low of August, with prices pushing above the USD340 break level to reach USD342.25.Improving momentum studies and the developing bull signal on the...

Last week was marked by volatility in crude oil prices. WTI began the week at USD 43.03/barrel, rising as high as USD 46.51/barrel on Friday and ending the week at USD 44.48/barrel. This volatility...

OPEC Meeting: The OPEC Waltz Oil prices are sliding and gliding to the OPEC waltz. Markets are fixated on this dance, that at times seems to have the partners closer together, but at other times,...

US futures are pointing to a slightly higher open on Wall Street on Tuesday, with investors slightly buoyed by the outcome of the presidential debate.The election in November is one of the biggest...

XAU/USD H4The price is currently stuck in a small consolidation pennant after bouncing higher from the 2016 rising trendline support. I keep holding my long positions and targeting the channel...

This Wednesday, OPEC members will meet on the sidelines of the International Energy Forum in Algeria. As they did in Doha last spring, members plan to discuss a potential oil production freeze.Rumor,...

Gold is still bullishOriginal post

Gold has just held first support at 1336/35 as I write for a retest of minor resistance at 1342/43. Further gains meet important trend line resistance at 1349/50. This is the most important resistance...

WTI Crude must hold above first support at 4560 to target resistance at 4620/30. Shorts need stops above above the high of the recent range at 4655. A break higher targets 4710/20. Failure to hold...