Commodities Analysis & Opinion

Gold's price has broken through medium-term trend line resistance and has successfully backtested it. Confirmation of the breakout will come now after the backtest by breaking above $1,350 which is...

On the high end of the bull flagOriginal post

XAG/USD is still climbing for the 11th consecutive day since 22th August and clocked 20.131 yesterday. Numbers and charts suggest a continuous bullish rise since 1 AM GMT this morning. Right now,...

October Crude Oil grinded higher in choppy trading on Wednesday, September 7, 2016, as traders continued to buy into the freeze headlines from OPEC and Russia. Traders were also not eager to sell in...

Fed FlummoxedDespite the pronouncements by a chorus of Federal Reserve officials that the time is now to raise interest rates, the data does not seem to support that position. Yesterday’s ISM...

By Clint Siegner A year ago at this time, it was hard for investors to find available inventory for the most popular silver products – as well as some gold coins. Premiums for the silver...

By mid day Wednesday, crude oil had pivoted to the upside hitting a new intraday high of $45.54 in what looks like the start of a new advance from a coiled-spring type of near-term formation that...

Wheat’s collapse in the last two weeks to new ten year lows comes on abundant supply amid lack of consistent demand. This is nothing new for market participants as optimal weather and growing...

Oil futures found a breather after the major oil kingpins announced their support on the output freeze last Monday. Saudi and Arabia finally agreed to cut their respective output in the midst of a...

Gold is Back at its Blue Triangle Top Gold is back at its blue triangle top. I can practically guarantee that it will break that line. If gold quickly reenters the blue triangle after breaking the top...

Last week the price of WTI remained almost unchanged at $44.84/bbl. On September, 1, the price of crude plunged to its weekly bottom of $43.5/bbl. The resistance level is now located at $46.5/bbl,...

Gold: Way to new multi-year highs is openOriginal post

Since last week, I warned gold bears that gold was about to make a strong rally towards at least $1,330-40. Yesterday we saw gold price break above $1,350, but the most important is the structure of...

With a correction in progress, technical analyst Jack Chan charts the indices precious metals investors should be watching. SPDR Gold Shares (NYSE:GLD) is on sell signal. iShares Silver (NYSE:SLV)...