Commodities Analysis & Opinion

XAG/USD DAILY Silver has completed the 100% symmetrical triangle breakout target and is now testing the long term falling trendline resistance. My overall bias is lower and for that to change the...

Last Thursday, January 28, there was a flash crash on the price chart for silver. Here is a graph of the price action. The Price of Silver, Jan 28 (All times GMT) If you read more about it, you will...

Last week’s forecast for a high in the Dow Jones 30 on February 1stwas a perfect hit. As of last Friday, the Dow has fallen 438 points since last Monday’s high.Crude spent last week trying...

After plunging about 10% in two days, both WTI and Brent oil rebounded on Wednesday, cutting their weekly losses to about 5%. The global benchmarks once again ended the week in the mid-30s, but are...

March crude oil traded lower today, starting the week on a down note, as equity markets were hammered early, before recovering most of its losses by the end of the day. Crude oil traded to a low of...

It took a while, but gold is finally starting to move. I must admit I’m surprised it’s taken this long for the market to realize something I have been expecting all along.The Fed’s...

A short term gold pullback is coming due. I think it will be a buying opportunity.

Gloom and doom is taking hold Monday on global markets and oil falls and gold rises. Recession fears are rising as the European stock markets hit 15-month lows raising more concerns about global...

Gold is trading sharply higher, forming an extended impulse that can extend much higher in days ahead as move from 1071 should unfold in 5 waves. An updated count shows that we are in the middle of a...

Gold shows some kind of corrective actions following the sharp inclines seen last week, which took the metal towards 1175.00 where 88.6% Fibonacci exists.We can’t confirm extending the bearish...

Weak movements have been witnessed on oil along with bullish attempts above 13% Fibonacci at 30.35. Meanwhile, prices stabilize below main resistance and below SMA20 at 32.05, which keep the...

There was a lot of talk last year about coal resources needing to be left in the ground if the world was to reach it’s 2-degree-celsius reduction environmental targets.The suggestion was that...

Gold Main scenario:The pair is trading along an uptrend with target on 1176 - 1190, that may be expected to continue, while pair is trading above support level 1156. Alternative scenario:A downtrend...

Wow, did the dollar move down this week! It dropped more than it has in quite a while. It fell 1.3mg gold, or 0.1g silver.Gold and silver bugs of course are excited, as they look at it as the prices...