Commodities Analysis & Opinion

A lot is riding on the demand side of the equation when it comes to metals' price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion...

Winter 2016 Made A CameoGood Morning! Last week a blizzard hits the Northeast, this week the Plains and Mid-West. Last night’s American Petroleum Institute data only showed builds of U.S. crude...

The 18-month plunge in global oil prices continues unabated.The price is now below $28 per barrel, thanks to even more supply streaming in from Iran. The International Energy Agency warns that the oil...

Weather takes a heavy toll on pricesCocoa prices have slightly rebounded from the year low. Market participants worry the extremely hot and dry weather in the African Cote d'Ivoire may strongly affect...

Crude oil attempts to rise taking advantage of the support at 29.60 a barrel, located at 161.8% Fibo. But, technical indicators are still bearish until this moment, where the long candles formed the...

It seems that gold has lost the upside momentum as it approached 61.8% Fibo located at 1136.00, which appears on the RSI, while the ADX indicator shows some weakness in the upside trend despite its...

HIGH: 1914.00 LOW: 1889.00 LAST: 1896.50 TOTAL VOLUME: 2.1mil ESH, and 8.7k SPH traded in the pit. MOC: $800mil to BUY FOR TOMORROW:MBA Mortgage Applications, ADP Employment Report, Treasury Refunding...

Cheap banks loans, falling oil prices, and economic growth have supported a rising trend in automobile sales since 2009. This trend has been boosting demand for raw commodities used in the production...

Late last week, we highlighted a rounded bottom pattern in gold, concluding that “the short-term bias in gold points higher as long as the yellow metal remains above the key 1100-1110 zone. To...

Gold and Japanese fiat are unlikely friends. During economic crisis, money managers treat both gold and the yen as safe havens. Top FOREX traders use the action of the dollar against the yen for cues...

Gold Elected to Start a H&S or Megaphone at the Critical Decision Point in its Red Price Channel. Gold formed a price channel (red in chart above) on the approach to the top of its big falling...

Happy Ground Hogs Day!Good Morning!It does feel like the 1993 Ground Hog Day movie as we are taking heat in the market early once again as prices tumble. Just as long as my alarm clock will not play...

Last week the Russian energy minister started a rumor that Russia would be entering into discussions with OPEC aimed at a joint reduction in oil production as soon as February. An OPEC official later...

Gold: Weak US ISM And Dovish Comments From Fed Supported GoldGold edged to a three-month high yesterday after weak US manufacturing activity data. US ISM implied contraction in the manufacturing...