Commodities Analysis & Opinion

Gold has declined towards 1100.00 psychological, but it retraced slightly. The bearishness remains available due to negativity on ADX and moving averages. Trading below 1113.00 is a negative factor...

Oil has touched 43.40 during the Asian session and pulled back as seen over four-hour interval. ADX remains strong, while RSI stabilizes below 50.00 levels. Trading above moving averages offers a sign...

The Oil market has quietened down recently after the solid moves seen at the end of last month. It has subsequently found a range, but the fundamentals haven’t changed, so will it last?Oil has...

Talking PointsLight risk demand in Asia followed heavy sell-off in US. Oil plunged below 44 to week’s low, after sliding on swelling stockpiles per API. Copper edged up on tumbling inventories...

Talking PointsCrude Oil Prices Vulnerable to Deeper Losses After Support Break. Sellers Now Eye Support Above $45 Figure en Route to August Lows. Crude oil appears poised for deeper losses after...

Rally from wave (W) low at 2.209 is unfolding in double corrective structure WXY, where wave W ended at 2.418, wave X ended at 2.3053, and wave Y of (X) is in progress towards 2.516 – 2.64 area...

Demand SurprisesWhile oil traders talk about the current oil glut, oil and gas demand continues to surprise to the upside. The latest surprise comes from the International Energy Agency, which once...

Asian Markets Roll!Asian markets soared, led by the Nikkei which was up 7% and spilled into our stock market. Today's report is the weekly API Energy Stocks that was delayed one day due to the Labor...

At major, multi-year cycle lows, you need different tools to spot the turn. Gold's technicals, much like technical indicators for other assets, are always going to be signaling lower prices at major...

When production does finally collapse, that will set up the "nobody saw this coming" ramp in the price of oil.In May 2008 I proposed the Oil "Head-Fake" Scenario in which global recession pushes oil...

Gold is making a deep retracement, but in three waves from 1170, so move can be corrective still. Ideally, that's an A-B-C set-back that will look for a support around 61.8% level compared to previous...

Gold moved sideways along with weak trading behaviors above 1115.00, which is a minor support. Meanwhile, gold stabilizes below moving averages and below 1136.35 resistance. Over short-term basis, the...

On the downside, crude oil needs a break below 43.40 is required to prove the bearishness. The sideways range between 46.95 and 43.40 may continue due to the unclear signals on ADX. Moreover, RSI14...

Talking Points:Risk-buying dominated Asian session, weakened USD Oil recovered but topside is weak before EIA & API data Copper surged with China demand, despite sufficient supply Gold steadied as...