Commodities Analysis & Opinion

Zinc producers, along with investors, have been hoping for a supply crunch to materialize after repeated warning of mine closures and predictions of ore shortages, but supply has remained stubbornly...

Crude oil declined after failing maintain trading above 127.2% Fibonacci level located at 57.10- 57.30. However, futures price is still trading above the main support of the uptrend as the image above...

Silver price rose sharply after failing maintain trading below 15.89 level presented by 61.8% Fibonacci correction. Trading above the aforesaid level and above linear regression indicators considered...

Gold price rose to test 38.2% Fibonacci correction at 1205.60 forming a long white candlestick. 1181.60 support proved its solidity, moreover, RSI14 indicator breached up 50.0 line. Therefore, another...

Gold Main scenario:The pair is trading along an uptrend with target on resistance level 1187 - 1192.The uptrend may be expected to continue while pair is trading above support level 1180. Alternative...

Crude Oil has been the center of energy-related headlines since 2H14 when it started its dramatic 'normalizatin' process while everybody (us included) seems to have forgotten about natural gas. So we...

CLCrude futures fell slightly on Monday, amid the escalation of fighting in Yemen between Saudi Arabia and Shiite-led Houthi rebels. On Sunday, Yemeni Foreign Minister Riyadh Yaseen refused calls by...

Today I would like to focus in on the bigger picture by looking at some long term charts for the precious metals complex. I know most enjoy the action by looking at the minute charts, but...

Gold for Tuesday, April 28, 2015Gold is consolidating after its recent surge higher to return to the key $1200 level which is where it stopped. To start this new week gold was trying to rally higher...

The futures sugar market in NY closed the week completely unchanged in relation to last week’s Friday. May/2015, which expires next Thursday, closed at 13.23 cents per pound. However, it is...

For a sixth week in a row, the price of oil closed the week highe ron Friday as renewed bombing in Yemen underscored how unstable the region has become. New data from the U.S. Department of Energy on...

The old game is Rock-Paper-Scissors in which rock breaks (wins against) scissors, scissors cuts (wins against) paper, paper covers (wins against) rock. The game is balanced with wins, losses, and...

Crude oil is trading around 127.2% Fibonacci level located at 57.10- 57.30. Trading above that level will keep the bullishness, as the price is trading inside an uptrend as we can see on the image...

Silver price is trading below 15.89 level presented by 61.8% Fibonacci. Trading below that level could cause more bearishness toward 15.18 and may be 14.77 levels.Linear regression indicators are...