Commodities Analysis & Opinion

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

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...

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...

It looks like global markets want to put Brexit behind them. Yet despite a significant rebound, bond yields and the gold market suggests we have not had the last panic on Brexit just yet. On one hand...

Equity and currency markets settled down on Tuesday as comments by Mario Draghi calling for Central Banks to “align polices on a shared diagnosis of the root causes of the challenges that affect...

Yes I said it. Gold looks to be heading lower. True, the shiny rock has been moving higher since December. The pace of the move up slowed to a widening consolidation in March. Then it broke that range...

Gold price is trying to rise once again, attempt to stabilize above 1317.00 again. Steady trading above the mentioned level may be positive, but we will be need to see the gold price beach through...

Crude oil turned nicely down at the start of the month from 51.65 where market completed extended blue wave three, so our wave count suggests that recent bearish structure with three legs is wave...

The recent vote that has Britain leaving the E.U. has a global audience on the edge of their seats: What impact will it have on metal prices? The labor market? The steel industry in the UK?Most...

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...

Equity and currency markets settled down on Tuesday as comments by Mario Draghi calling for Central Banks to “align polices on a shared diagnosis of the root causes of the challenges that affect...

In a boxing ring, size must be respected. In the same ring, a heavyweight champion fighter tends to absolutely destroy a flyweight fighter. In the gold market, size must also be respected. This is the...

“Look at that screen,” exclaimed Fox Business Network's Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the...