Commodities Analysis & Opinion

Gold appears to be trading sideways in a triangle pattern. Lower trend line support at 1338/35 is important but longs need stops below 1330. A break below 1332 is a sell signal and targets 1328/27,...

Yesterday´s US Inventories rose by 1.05M barrels Saudi Arabia boosted its oil production to a record high in July The monthly report from the OPEC the output of its members also hit a new high...

Gold (11.08.2016) continued consolidating from the last four weeks and is thus producing a triangle pattern, indicating the current upside move will continue in the coming weeks.As we can see on the...

The bottom line is that the only way the oil market rebalances in the near future is if Saudi Arabia cuts Oil Production. They are realistically the only party that can pull this production cut off...

Gold: After gapping up yesterday, Gold sold off for the rest of the session indicating lack in direction and choppiness. It may take a few sessions for Gold to figure out which direction it is headed...

September Crude Oil broke down during the overnight session trading down to 42.08 as traders pressed price lower on follow through selling off of the API report from Tuesday afternoon. Saudi Arabia...

The article aims to provide forecasts for commodity prices (World Bank’s Pink Sheets) for August 2016. The Pink Sheet is a monthly statistical report on prices of major agricultural commodities:...

Good Morning!With early yield-counts showing reductions from the last 3 growing seasons and we are seeing an early jumpstart in demand on global concerns with South America and Western Europe’s...

There has been much discussion over the last few days on the meeting OPEC plans to hold in Algeria on 28th September. Will the more oil-price-fragile OPEC members achieve their goal and manage to...

Crude oil seems to think it has put in a bottom for the right shoulder of an inverse head-and-shoulders pattern, which is highly unlikely at this time of year. Plus, oil has drawn a rising megaphone...

The silver bull is back. After five long, frustrating years of price smashes followed by one failed rally attempt after another, silver prices have decisively broken out to the upside.The question...

The post aims to provide price forecasts for commodity futures for September 01, 2016. The tables below show the monthly commodity futures prices in US dollars over the period from April 2016 to...

When silver shows relative strength over gold, it often means that the metals complex is doing well.The chart below pits Silver ETF SLV vs. Gold ETF GLD, which reveals that a big test is taking place...