Commodities Analysis & Opinion

CLCrude oil futures surged on Tuesday to move into positive territory for the year, amid continuing conflict in Yemen and mixed long-term forecasts on demand and production. The U.S. Energy...

First published Tues Apr 14 for members of ElliottWaveTrader.net: Several months ago, I presented you with an “evil” plan, with which the metals and miners have followed through quite well...

NOTE: I’d like to share some links to some really fantastic trades by some members of ours.Mr. Bent really took on my sell trade recommendation with the EURGBP and pyramided into the trade...

Look at the economic calendar, there is pretty much nothing out there that’s going to move the markets today. However, we do have some technical setups worth paying attention to. With that being...

Gold for Wednesday, April 15, 2015In the last couple of days Gold has eased below the key $1200 level again where it is presently trading in a narrow range above $1190. Presently it seems gold has an...

This chart looks at crude oil over the past couple of decades, on a monthly basis. Crude oil's large decline over the past 8 months took it down to its Fibonacce 23% retracement level and a support...

Today could be seminal for gold and silver, as each approach key technical levels on the daily timeframe. Since the start of the month, both gold and silver have rallied, but increasingly they are...

Gold Main scenario:The pair is trading along a downtrend.The uptrend may be expected to continue while pair is trading above support level 1200, which will be followed by reaching resistance level...

Silver has slipped, re-testing the key support level of 16.10 after being covered by linear regression. MACD and RSI14 has turned into negativity following stabilizing below the key level of 16.38;...

Yesterday, we have suggested two position and gold has dipped below 1198.00 to activate our sell stop order and it is presently trading near 1190.00 support. MACD and RSI14 has turned into negativity,...

CLCrude Oil futures edged up on a choppy day of trading, as record supply levels and geopolitical risks in Yemen remained in focus. Steady fighting in Yemen between Iranian-backed, Shiite-led Houthi...

At around $2.55 currently, natural gas is 39% above the low end, and 67% below the high end, of its six year trading range of between $1.83 and $7.78.Amongst a general downturn in commodity prices...

Gold for Tuesday, April 14, 2015Presently it seems gold has an attraction to the key $1200 level as every time it ventures away it returns quickly to trade right around it. A couple of weeks ago gold...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, the price of Regular and Premium are unchanged from last...