Commodities Analysis & Opinion

CLWTI crude oil futures plunged more than 6% on Wednesday to reverse its two-day rally, amid a sharp buildup last week when inventories rose by its highest weekly level in more than 13 years. The...

Silver moved higher today and almost kissed the $18.70 as per our last report. However strong down trade line stopped the momentum. Now silver is trading around the $16.36 mark and as we can see on...

Gold for Thursday, April 9, 2015Over the last week gold has sprung to life surging higher away from the key $1200 level back to a seven week high above $1220 before easing back and finding support at...

Yesterday, the price of a barrel of oil gave back recent gains after Saudi Arabia reported record production of 10.3mbd in March, a figure the country's oil minister said was unlikely to fall by much....

The short term rally for crude oil came to a shuddering halt last night, as two items of fundamental news helped to push the commodity lower once again, reversing most of the gains of the last two...

With metals and mining stocks frustrating so many for the last 3 years, it seems they will be frustrating folks for just a little while longer. As I have been saying for quite some time, I do not...

Silver has been trapped within a tight range, while trading below the broken support line. Struggling below 38.2% Fibonacci in addition to negative signs of MACD should bring downside movements today....

Crude Oil has had a really rough 7 months. The plunge in prices that began in October seems to have settled in for the last 2 months. And perhaps the price is ready to reverse higher. I am not the guy...

The silver markets have been active recently and found plenty of support thanks to the US Federal reserve and the disappointing Nonfarm report. A double top with a solid pin bar points to a reversal...

Gold Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1215 - 1218 which will be followed by reaching support...

Crude Oil has moved upwards breaching 76.4% Fibonacci level then sward to test arias around 54.20 level. Trading above 51.90 can be considered positive, however, MACD and RSI14 indicators showing...

Gold price still trading below the strong resistance at 1219.00 which had limited the recovery earlier. Trading below 1219.00 presented by 50% Fibonacci correction could cause more downside movement...

CLOil futures rallied on Tuesday, erasing losses on strong jobs data, U.S. government forecasts for lower domestic crude production growth and higher global demand for oil. Also supportive was an...

The monthly Copper MMI® registered a value of 75 in April, an increase of 2.7% from 73 in March.The suspicious copper rally is still in place. Copper has rallied as much as 17% since it hit its...