Commodities Analysis & Opinion

In our silver forecast, we look at the drastic rally during the session on Thursday, as we are clearly above the $18 level. With this, I now believe that the market will find plenty of buyers, and the...

Corn is trading quite nicely, making a nice impulsive structure from the highs, which can be near completion, as price is trading in the final wave (v). We believe that price can make a temporary...

In the recent past, I cited the CFTC COT (Commitment of Traders) report’s record open interest by large specs and record short open interest by commercials as a possible negative for gold...

Gold Price Forecast 2017/2016Gold is currently trading in excess of $1300 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at...

On the last day of the month there are plenty of reports scheduled today. Starting with the weekly Export Sales, Initial Jobless Claims at 7:30 A.M. followed with Chicago Purchasing Managers Index at...

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...

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...

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...

A run-up in Shanghai Futures Exchange prices has led aluminum output in China to increase.

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...

Crude OilShort-term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with...

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...