Commodities Analysis & Opinion

Gold escaping the 1.210-1.220 range will show the way out of the short-term symmetrical triangle.Original post

On gold we are looking for more upside as rally from the low is not in three waves yet. At the moment we see metal in early stages of wave C in 4) which is pointing up to 1228-1234 resistance where...

I don’t know if any of you have been following the Sky Atlantic series “Billions” — it may be screened here in the U.K. later than the U.S. and is already history stateside...

Talk in the market that Brazil is sold out and that the U.S. is priced as the lowest in the world suggest more strong exports for corn are ahead. July futures surpassed the April high this week and...

WTI Crude same levels apply for today as they are working well so far this week. First support at 4880/4870 of course, but below here re-targets 4805/00 and support at 4780/70. A bounce is possible,...

Michael Ballanger, a precious metals expert, says he believes technical charts were created by bullion bank traders to lull the "chartists" into a false sense of security. I often include charts in my...

In early-November of last year we predicted that a tradable gold rally would begin near the mid-December FOMC Meeting as long as the Fed did what almost everyone was expecting and implemented its...

July Crude Oil sold off during the overnight session for Wednesday, June 1st, trading down to test trendline support at 47.71 trading to 47.75 as traders lightened positions ahead of today’s...

In 1999 and 2001, Ole Doc Copper created a double bottom on a monthly basis and started moving higher. Once copper started sharply higher in 2003, commodities and stocks did pretty well in the...

OPEC ministers meet in Vienna on Thursday. Expectations could hardly be lower. Attempts to agree on an output freeze were stymied by the Saudi's insistence that rival Iran participate as well. Iran...

Crude oil was trading around $48.60 today the day before the Organization of the petroleum exporting countries meet tomorrow. Crude oil touched off the $50 level last night again before retreating...

OK, OK, it isn’t a “collapse”, but I like alliteration, and I needed a “C” word. Suffice it to say that I’m pleased crude has been weakening since twice hitting the...

Consumers concerned with hot summerNatural gas prices approached on Tuesday the year highs. Market participants worry the demand for electricity may rise this summer amid forecasts of hot spell....

OPEC Meeting ImminentAs we welcome in the first week of June we have an OPEC meeting, Unemployment number on Friday and the Fed meeting on Flag Day and the decision on whether to raise Interest Rates...