Commodities Analysis & Opinion

The silver market has found itself under pressure and constrained by uncertainty, affected by the economic slowdown in China and the US Federal Reserve. The result is a consolidation that could force...

WTI Crude Oil prices have come under concerted pressure following the release of figures from the American Petroleum Institute (API) showing a significant increase in inventory levels.The API figures,...

Main scenario:Gold is trading along an downtrend, that may be expected to continue in case the market drops below support level 1124, which will be followed by reaching support level 1117 and then to...

Repeat after me: “The best cure for low commodity prices is low commodity prices.” This mantra isn’t very comforting if that’s mostly because producers are forced to slash...

Overall market sentiment has moved decidedly into the bear camp, as prices slid substantially in yesterday’s session with the S&P 500 down over 50 handles at one point. This is really more...

In late 2014, many investors in the Western gold community decided to invest the booming US stock market. I warned that without QE, the US stock market was turning into a “wet noodle”, and...

Turnaround Tuesday.The good news and the bad news continue to be the volatile fuse to the market fluctuations. In the overnight electronic session the December corn is currently trading at 386...

Gold is moving in a Wave (2) right now. Gold price should find support at $1,126 where the 61.8% Fibonacci retracement of a move to $1,157 from $1,100 is seen. A breakout below $1,100 will cancel my...

Once in awhile, it is interesting to take a different view. To step back from the day to day and look at situations from a wider or longer-term perspective. This is as true of commodity markets as it...

Gold resumed the bearish trend after breaching 1134.00, which may bring additional downside movements. However, we need a breakout below 1125.00-1120.00 to extend the bearish tendencies.Anyway, we can...

Oil stabilizes below 38.2% Fibonacci at 44.90 once again, which is classified as a negative factor.ADX attempts to achieve bullish crossover, while RSI stopped to moving lower. In fact, we see...

We relaunch our Commodities Forecast Update in a new format called Commodities Market Guide Key themes Concerns over the outlook for global growth will persist in the short term. For the medium term,...

Oil has been respecting the current range for the past month, although the highs are getting lower. In recent days it has been pushed back to the bottom of the range where the bulls will be lined up...

The bullish percent level is diverging as gold and silver miners again test the lows. I continue to think that miners are knocking on the door of that 50DMA, and I'm still expecting them to break...