Commodities Analysis & Opinion

Well ‘a bless my soul what's a wrong with oil? It's itchin' like a man with a festering boil. The trading is actin' wild as a bug. It’s confused, it’s all shook up! Mixed signals is...

Markets concerned by probable cotton deficitThe cotton prices hit the high of three weeks after the US Department of Agriculture (USDA) downgraded its production forecast. The additional factor...

From the 1168 close, gold trades in a 1056.34 – 1371.38 range. The wide variation derives from gold’s location as current prices trade between the 10 and 15 year averages. Neither average...

The last time we spoke about gold was July 20th, 2015. In “Gold Fulfilling A Year-Old Forecast!”, we suggested the precious metal is probably getting ready for a major bullish reversal in...

Gold's price has broken out to higher highs, but expect some consolidation and backing and filling before it breaks above the 200DMA.As predicted, everyone started calling a top yesterday when the...

How the mighty have fallen! Last week, one of the world’s commodities giants, Glencore (L:GLEN), experienced a major blow.On September 28, its stock collapsed by 30%. The reason? The...

The recent copper price rebound may have been an aberration, as the latest news has all base metals falling in tandem with weaker than expected September Chinese import data.The Wall Street Journal...

Gold inclines, stabilizing above 61.8% Fibonacci at 1173.00, which is a very positive catalyst and would bring a bullish wave towards 1199.00-1200.00 respectively. The resistance of 1189.00 could be...

GoldMain scenario:The pair is trading along an uptrend with target on 1190 that may be expected to continue while pair is trading above support level 1170. Alternative scenario:A downtrend will start...

Prices on oilfutures dropped sharply on Monday as data showed that OPEC’s output rose by 109,000 barrels a day in September to 31.57 million barrels a day, the most since 2012, according to its...

After a five-week period of consolidation, energy prices finally broke through the upper bound of their trading range. Oil left a range of US$43 to US$48, even rising close to US$51/barrel. The price...

The EIA, OPEC and IEA have all published projections of an oil market rebalancing in 2016 in their latest forecast reports.It supports our forecast for the price of Brent crude to recover to an...

Columbus Day CrashOil prices got crushed on light volumes and worries about the potential for more supply and perhaps less demand. While yesterday’s move was probably overdone based on the news,...

Investors tend to forget that the situation in the market can change on a dime. The last time this occurred was in 2008, as the entire U.S. Investment Banking Market went into decline. Few of the...