Commodities Analysis & Opinion

Silver has declined aggressively following the sustained breakout below the 18.60-Pivotal classical support turned into resistance- as seen on the provided weekly chart. This breakout has forced the...

Brent crude oil dropped yesterday by over $2 to $56 per barrel after considerable growth. The key factor for skidding was the increase in US oil stocks. According to official data, US commercial oil...

Crude Oil has plummeted below 76.4% Fibonacci along with long black candlestick. Despite stabilizing above Linear regression, but the strong bearish tendencies from 100% Fibonacci suggests further...

Silver has moved bearishly respecting the bearish overview and is presently trading below 16.38, marked by 50% Fibonacci retracement as seen on the provided daily chart. Trading below Linear...

Successful breakout below the uptrend line of the minor corrective channel seen yesterday, while gold is currently trading below 61.8% Fibonacci level. RSI14 struggles to breach the level of 50 in...

Fundamental AnalysisTraders are finding it challenging to renew their vowels for gold and this is despite the fact that the Federal reserve committee had no unity in their decision yesterday. The more...

Yesterday the US dollar rose after the release of the latest FOMC Minutes, as they were perceived slightly less dovish and a June rate hike is still possible. A stronger dollar makes commodities...

Talking Points: US Dollar Coiling Up, May Be Readying to Break Higher S&P 500 Continues to Struggle at Near-Term Range Top Crude Oil Digesting, Gold Trying to Resume Down Trend US DOLLAR...

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...

The start to the North American trading session has been lacking for economic announcements thus far, but that void will be filled a little later today with the Federal Reserve releasing their minutes...