Commodities Analysis & Opinion

Natural Gas March hit our target and strong resistance at 2775/2785. A high for the day was expected and we topped exactly here as predicted. Shorts need stops above 2800 as this will be an added...

Although aluminum is the worlds largest non-steel metals market it is arguably the most opaque. This week’s announcement by the International Aluminum Institute (IAI) that they have stopped...

Gold prices edged higher on Tuesday approaching $1,300 an ounce, amid growing demand for gold as a safe haven due to fears of future global economic growth, following negative Chinese and U.S....

Crude oil made a bearish correction of the latest bearish wave and is attempting to extend the intraday bullish wave now, waiting to visit 55.55 mainly in the coming period. Linear Regression...

The metal witnessed a weak upside move yesterday. Despite the weakness of the upside move, we notice that the price stabilized above 38.2% correction at 17.07 showing on graph and is trading above the...

Gold prices dropped and touched below 1260.00 but then moved back to the upside and traded above the significant barrier 1263.45. Trading above the referred to level is positive as it keep the price...

Oil is now in its third day of moving higher and nearing resistance at $55/barrel. Several oil company stocks have moved higher and more look attractive by the minute. But the overriding view is that...

CLOil prices rose on Tuesday, headed for the biggest four-day advance since January 2009 as a tumbling dollar sent commodities rallying. Despite signs that U.S. crude supplies had registered another...

Looking at the Wednesday session, the US ISM Nonmanufacturing PMI numbers come out during the session, and as a result we could get a bit of volatility in the US stock markets during the session....

Gold for Wednesday, February 4, 2015 Since the beginning of this year gold has enjoyed a very solid few weeks which has seen it surge to a five month high near $1308, before easing back over the last...

The latest oil price rally started on Friday when Baker Hughes reported that the US oil rig count had plunged to 1,223 during the week of January 30. That’s down 24% from last year’s peak...

While I'd be shocked if Monday's low at 2.608 established the bear-phase low, my analysis suggests that a major low in natural gas is very close at hand.Based on my pattern work, I'm looking for one...

Quick quiz:How long did it take WTI to rise from 44.00 to 53.00 for the first time back in 2004? Answer: Almost three months, which was a fairly quick period for an 20+% gain. Follow-up quiz:How long...

Gasoline ETF (NYSE:UGA) has gained 12% in the past 3-days -- its strongest 3-day rally since 2009 (left chart). The right chart graphs out the different times UGA has had large 3-day bounces since...