Commodities Analysis & Opinion

A month ago today, we noted that silver and gold were facing important resistance tests and that both could fall hard if those resistance levels held. Silver was moving stronger higher off lows hit at...

Last week, Saudi Arabia and Russia caused a spike in oil prices at the G20 summit. Oil ministers from the two countries met privately on the sidelines of the meeting to discuss stabilizing the oil...

Positive outlook, but gold needs a breakout from the bullish flag to entice new buyersOriginal post

Crude Oil: $44 will be an interesting entry point to watchOriginal post

Gold price has declined towards $1,320 and has reached so far as low as the 50% Fibonacci retracement of the rise from $1,302 to $1,353. Price is still trapped inside the $1,300-$1,375 range while...

WTI Crude oil headed lower exactly as predicted and the 4775 high was the top as expected. We broke 4665/60 to bottom just 6 ticks from our buying opportunity for the day at 4550/40. However further...

After what happened on Friday many Precious Metals sector investors are naturally concerned about the effect of further heavy losses in the broad market on the sector. Let’s now review...

The prices of both metals were down last holiday-shortened (Labor Day in the US) week, especially on Friday. The decline corresponded to a spike in interest rates.Of course everyone watched the action...

Natural Gas is Working on a Megaphone Bottom (Blue) Natural gas is in the middle of working on some kind of bottom–a megaphone bottom, the inverse H&S with a pink neckline, or a larger...

Gold: With the commodity declining on correction the past week, more weakness is envisaged in the new week. On the downside, support comes in at the 1,320.00 level where a break will turn attention to...

The article aims to provide price forecasts for commodity futures for September 16, 2016. The tables below show the weekly commodity futures prices in US dollars over the period from August 12, 2016...

CFTC COT data shows speculator’s slashed oil bets last week WTI Crude Oil Non-Commercial Positions: Futures market traders and large oil speculators sharply decreased their overall bullish bets...

Gold speculative positions jumped up last week to +307,860 contracts GOLD Non-Commercial Positions: Gold speculator and large futures traders sharply increased gold bullish positions last week and...