Commodities Analysis & Opinion

CLOil rose to 51.50 as number of rigs drilling for oil in the U.S. fell by 42 last week to 760. It was the 18th straight week of declines and the largest drop in a month. Oil traders are looking ahead...

Gold has managed to avoid a complete chart breakdown thus far, but that is due more to buying in the physical market out of the far East rather than any wholesale interest among the high-powered,...

Gold for Monday, April 13, 2015Over the last few weeks gold has developed an attraction to the key $1200 level and has traded back and forth around it for most of this time. A couple of weeks ago gold...

Silver has been in a long term downtrend in recent years, with the current price of $16.38 being 67% below the six year peak of $48.60 at the end of April, 2011. It has, however, enjoyed a minor...

SPDR Gold Trust (ARCA:GLD) – on buy signal. iShares Silver Trust (ARCA:SLV) – on buy signal. Market Vectors Gold Miners (ARCA:GDX) – on buy signal. iShares TSX Global Gold...

U.S. Markets remain trading within larger patterns, or range-bound, but are approaching upper levels within those ranges while the dominant trend remains higher.Stocks are setting up better charts by...

Weekly CFTC Net Speculator Crude Oil Report CFTC COT data shows speculator’s oil bets gained strongly for 2nd weekWTI Crude Oil: Futures market traders and large oil speculators raised their...

Weekly CFTC Net Speculator Gold Report Gold speculative positions rise strongly for a 2nd weekGold: Gold speculators and large futures traders sharply increased their gold bullish bets last week as...

This week started well for gold and silver, but it turned out that the peak for both was on Easter Monday, since then, prices have drifted lower. The news event that initially drove prices higher was...

In line with our yesterday’s suggested bearish scenario, oil has plummeted below 76.4% Fibonacci retracement level. More bearishness to be witnessed over intraday basis due to the candlestick...

Silver continued to slip after breaching 50% Fibonacci level as seen on the provided daily graph. Coming below Linear regression lines in addition to negativity on MACD and RSI14 should assist bears...

Gold is still trading below 61.8% Fibonacci level along with a breakout below support line of the corrective channel. Still, there is a room down towards 1172.00, while clearing it will trigger...

In all the media coverage about gold silver is often its forgotten cousin, and yet just like the precious metal, silver too has been battling to hold onto some semblance of bullish sentiment. However,...

Since 2011, gold prices have fallen from nearly $1,900 per ounce to below $1,200, although demand from top gold consumer India appeared stronger, while buying from 2nd consumer China remained weak....