Commodities Analysis & Opinion

Brexit BounceWhile global stock markets rebounded on the post Brexit vote under the assumption that this will be a long drawn out process, it is clear no one has a clue how this Brexit thing is going...

Gold has completed 5 waves up in the short term from $1,305 to $1,328 and also made a corrective pullback towards the 61.8% Fibonacci retracement. This is the first short-term bullish signal after the...

As expected, gold turned up after three waves of a pullback from 1316 to 1250 area. Leg up was very significant towards 1360 where price found resistance, maybe even accomplished a five wave rally...

The price of gold is witnessing high volatility in levels close to $1317.00, and this level is important to determine price direction. Despite the general positivity, the signs of weakness appearing...

Crude oil price has risen over the past two days, and we find that the price settled above 48.30, which is considered positive. However, we will need to prove positivity by trading above the...

Global Financial Assets are more inflated and propped up than ever. According to the most recent figures published by The City UK Fund Report, total Global Conventional Assets under management topped...

Gold still trying to escape the broadening top formationOriginal post

After nearing the pivotal $50 mark, oil prices could be about to take another hit despite the recent dip in US Crude Oil Inventories. Whilst the draw was largely responsible for the commodity’s...

I’m not sure silver is going to break through major resistance at $18.50 on its first try, but when it does this monster base should produce a huge rally. Maybe even to $25 before the...

Silver prices made a new closing high today. However, they never closed below the 10-day EMA in mid-June; we are technically overdue for a correction. Recent cycles have topped after 21 days, and we...

Crude oil has serious technical resistance between 50 and 50, 50. source: investing.com

Today’s natural gas candlestick is quite bearish but we are waiting for confirmation for a possible reversal. source: investing.com

Last night’s API weekly inventory data showed a draw of 3.9 million barrels and news of threats of a strike for oil and gas workers in Norway and ongoing strikes in Kuwait and France have demand...

Crude Oil 4H Chart - Elliott Wave Count - June 29, 2016Crude has continued the bullish channel and we predicted both the end of the yellow 3 and 4 wave accordingly. This bounce off the yellow 4 should...