Commodities Analysis & Opinion

OPEC countries are not decreasing their supply in order to maintain their market share. But the current situation may not be here to stay. Medium-long term buying positions may be taken following a...

Brent Oil - 10% gains from the bottom - second day of reboundThere is dynamic rebound in oil. For 24 hours, Brent oil gained more than 10% value, moving from 27.30 to 31.00. Rebounds in oil were...

Gold failed to stabilize above 1102.00 during the Asian session and prices have declined slightly as seen on the provided daily chart., while RSI is still trading above 50.00 levels. Hence, we prefer...

Crude oil inclined above 161.8% Fibonacci at 29.60, which allow us to suggest more bullish actions over intraday basis. RSI and ADX shows decrease in the bears’ power and thus, some kind of...

I last wrote about cocoa in July, 2015 in a piece called “Even Cocoa Starts to Waver In the Face of the Collapse In Commodities.” I wrote that iPath Bloomberg Cocoa Subindex Total Return...

Main scenario:Gold is trading along an uptrend rebounding from resistance level 1104, where creating a "double top" pattern.The uptrend may be expected to continue in case the market rises above...

Good Morning!This morning’s reports are the EIA Gas Storage at 9:30, EIA Energy Stocks at 10:00 and Dairy Product Sales at 2:00 P.M. In the overnight electronic session, the March corn is...

Oil prices are out of whack. The futures price of crude oil expired lower than the physical cash market as the futures are being delivered in to a historically oversupplied market. The ugly February...

The bullishness continued on gold and the metal trades above 1100.00 –Fibonacci of 38.2%- which is a positive factor. We are still targeting 1111.00 and 1118.00, which stopped yesterday’s...

Non-stop bearish pressures continued on oil-March settlement- and we see chances for resuming the bearishness today, supported by negative signs on ADX and moving averages. RSI shows oversold sign,...

Neither palladium or platinum had a good start of the year. Within the first three weeks, palladium prices have fallen 17%, hitting a new five-year low. Palladium hits a five-year low. Source:...

In this article I highlighted an example (please note the ruse of the word “example” and the lack of the word “recommendation”) trade that involved buying March call options on...

HIGH: 1869.25 LOW: 1804.25 LAST: 1859.00 DOWN 14 Handles TOTAL VOLUME: 3.8mil ESH, and 11k SPH traded in the pit. MOC: BUY $270-350million FOR TOMORROW:Jobless Claims, Philadelphia Fed Business...

It seems that the auto loan bubble has already peaked. What does it mean for the U.S. economy and the gold market?In 2015, over 17 million new vehicles were sold in the U.S., the highest number in...