Commodities Analysis & Opinion

Oil Futures has moved slightly downwards and it is currently experiencing a 23.6% Fibonacci level of the above seen wave. Linear Regression is negative, while MACD traditional shows that the negative...

Silver has surpassed the 61.8% Fibonacci level along with a breakout above the upper line of the descending channel as seen on the provided daily chart. MACD is turning positive, while Line Regression...

Respecting our yesterday’s proposed bullish scenario, the metal has touched the pivotal support of 1160.00 where it jumped again to knock on the 1172.00 doors along with stability above Linear...

CLCrude oil futures fell back sharply on Thursday one day after comments from the Federal Reserve urged a broad rally, as oil traders shifted their focus back to the glut in global supply. Prices for...

Today’s Binary Options Trading Strategy:• Commodity: Gold • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below 1,172.50...

Gold is trying to trade higher, but we have a lot of resistance at these levels until 1180 is broken. Now we know 1180 acted as good support on the way down, therefore it will act as good resistance...

Physical silver held in personal possession is a cheap option; an option being simply a choice. The best choices have a very low downside —and infinite upside. Options and optionality are not...

iShares Silver Trust (ARCA:SLV):The bears control the trend as long as price (trend) and leverage oscillators define down and up impulses. The computer, however, looks even deeper than that. If cause...

It’s been a good day so far (and a comic slap in the face to everything Yellen did yesterday……..just take a look at currency markets). I’m balancing my zillions of shorts...

Gold futures have hovered around the 1150 level for the last five or six sessions. The sell-off from just above the 1200 level was predicated by the stronger than expected March unemployment...

Corn must hold above first support at 378/377 to build on this recovery and re-target resistance at 380/381. This is the main challenge to bulls again today but break higher targets further strong...

Wheat main challenge for bulls is of course resistance at 518/519. Failure here has so far taken us back to first support at 513 but below here good support at 511/510 could hold the downside. If...

Soybeans must now hold above 974/973 to continue the recovery and retest yesterday's high at 980. We should struggle here again today but do not rule out a break higher to target 986/987. This should...

Crude prices initially fell after domestic inventories hit record highs for a 10th week, however the market seemed to be holding out from making new lows on bets the US central bank may hint at a...