Commodities Analysis & Opinion

Crude continues to pay the early bird with a pre-opening move from the sell side followed by a sweet reversal shark attack from the buy side. As they say, “If it walks like a duck, quacks like a...

As global financial and economic systems continue to disintegrate, this will put more stress on the silver market. Why? Because elevated physical silver investment demand will likely exceed available...

BackfireWhile OPEC continues to talk tough about oil production, the International Energy Agency (IEA) is warning that their strategy may backfire on them. This comes the day after the United Arab...

A fortnight ago, when crude oil production data was released in the US, NYMEX responded accordingly: contracts for WTI CL spiked 6% from its newest low, reaching 45.8 USD a barrel.However, oil prices...

Good Morning!We have Wholesale Trade at 7:30 A.M., API Energy Stocks at 3:30 P.M. and of course the Crop Production USDA Supply/Demand, which traders and farmers will be keying in on yields. In the...

INTRADAY CHART 10th October: Unlike gold that declined in an impulsive manner due to the expanded flat Wave EFC that held correlation, for silver all corrections were shallow and this implies that we...

LONG TERM TREND BEARISHINTERMEDIATE TERM TREND BEARISHSHORT TERM TREND BEARISHVERY SHORT TERM TREND NEUTRAL/BEARISHAfter a strong non-Farms Payroll (NFP) number on Friday, gold has tumbled lower and...

Gold is unchanged on Tuesday, as the metal trades at a spot price of $1093.25 in the European session. There are no major releases out of the US for a second straight day, as traders continue to...

Gold made small recovery from 1084 where price might completed an extended wave (iii). If that's the case then correction is now in play that should be mad by three waves. First leg up from the low...

Our copper MMI index rose by just 1 point in November to 66 from 65 in October.Like other base metals, copper prices have been more stable over the past three months. After the metal plummeted during...

It won’t be environmentally motivated investors or carbon-emission caps that drive coal producers out of business, it will be good old supply and demand.Recent developments suggest China, the...

The price of gold dropped abruptly Friday morning (Arizona time). How much of a drop? $10.30, as measured by the bid on the December future. How abruptly? That move happened in under a second.At...

GoldMain scenario:The pair is trading along a sideways trend with possible correction on resistance level 1109. Alternative scenario:The uptrend may be expected to continue in case the market rises...

WTIMain scenario:The pair is trading along a sideways trend between support 45.00 and resistances level 45.70. The downtrend may be expected to continue in case the market drops below support level...