Commodities Analysis & Opinion

Crude oil is showing weak and volatile trading between 45.00 and 45.50 and trading is still within the descending channel keeping the downside move valid till now, and the expected targets start at...

The metal inched higher yesterday after touching Linear Regression Indicator 55 but is not accompanied by real positive signals showing on RSI and MACD. In fact, trading below 18.21 is negative but...

Gold prices moved to the upside yesterday but remained limited below 1300.00 and Linear Regression Indicator 55. Trading below the referred to level is negative intraday and could push the metal to...

The Junior Gold Miners (ARCA:GDXJ) ETF is bouncing off support at the 20 day moving average showing some bullish support and accumulation. Gold is holding the $1300 area showing a major January bounce...

CLOil rose on Tuesday as a weaker dollar propped up commodities priced in the currency, but gains were limited by fears of another large build in U.S. crude stocks and that the seven-month long...

Looking at the Wednesday session, without a doubt the most important announcement is going to be the interest-rate decision out of the United States. The FOMC of course will make a statement that of...

Silver looks to have begun forming a head and shoulders pattern that could see a movement back towards the $17 an ounce mark. The formation of a bearish channel could also add to the bearish...

How low can oil go? That’s a question I think about every time I fill up at the gas-station nowadays. The trader in me kicks in almost immediately after to ask the more pertinent question: How...

WTI Crude March first support at 4520/25 then yesterday's low at 4481 but below here risks a retest of the low for the February contract 4420. Obviously this is the important level to watch. A break...

Natural Gas February immediate support at 2855/45 then the 4 week low of 2805-2766. A break lower this week is obviously negative & targets 2720/15. Any further losses could reach 2680/70 &...

Brent Crude immediate resistance at 4855/65 but above here targets 4940/60. A break above 4980 could then target resistance at 5045/60 to try shorts with stops above 5090. Just be aware that a break...

A break and hold below 1270/60 on Gold could send it tumbling (quite hard this time) to 1150 or lower (ultimately 1000). 1314 is the near-term resistance level to overcome before running into major...

According to Weinstein Stage Analysis, the ideal buy-point for gold is the breakout above the 30-week moving average on heavy volume after a Stage 1 base. The next, best buy-point is a retest of this...

Gold for Wednesday, January 28, 2015 Gold has enjoyed a very solid last few weeks as it has surged to a five month high near $1308, before easing back a little in the last several days. To start last...