Commodities Analysis & Opinion

Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...

The overnight leads are generally bullish, although we’ve only seen modest gains at an index level, with the S&P 500 +0.2%. The USD has found support rallying 0.5%, although stopped just...

Gold in need of a further correction to ease overbought conditions, and holding below 1362 retests first support at 1355/54. Be aware that there is less chance of this level holding today. Longs need...

WTI crude hits our selling opportunity at 4100/10 with stops above 4145. However, please note the bounce we were looking for on Tuesday unfortunately occurred a day late. We have a close above the...

By Claudio GrassIn the past few months, we have witnessed a series of defining moments in our political history, with Britain’s vote to Brexit, (several) terror attacks in France and Germany, up...

Today’s upside reversal action comes on the heels of a bearish Inventory Report, and from a new low in the vicinity of important, intermediate-term support at $38.90, which represents the 50%...

GoldAs suggested yesterday, gold touched year highs before retracing. It needs to catch up with the moving averages and to digest the move that we saw over the last few days. I'm watching it carefully...

Investors long crude oil this past month have taken a bath in the position, which is down nearly 20% in 4 weeks. Below looks at an update of the pattern. The 20% decline has crude testing triple...

When The Dollar Can’t HelpYou know demand fears are running high when a break in the dollar does not help support crude oil prices. Global meltdown fears are rising as stocks fall for the eighth...

A week ago I wrote about signs of a gold bottom. The gold bottom was being supported with both hands and it looked ready to rise. I hope you were watching and maybe picked up some nuggets yourself....

Key Points: Gold breaches bearish weekly trend line. $1372.60 December 2015 high looms. Medium outlook remains bullish. Gold futures have continued their trend of closing higher, with the precious...

GoldGold has comfortably gotten to year highs without any hiccups. It continues to be strong. I expect a correction here and I'm out of my longs. I'm still long-biased but would be buying a dip from...

This past week has been one of the best for gold, which has followed a strong bullish trend with minor pullbacks. The last update on gold was published 1 week above when it was trading on the $1325...

Gold price has broken through resistance and is testing previous highs at $1,375, with increased chances of a new higher high towards $1,400. However, gold bulls should be very cautious as we observe...