Commodities Analysis & Opinion

Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1286, which will be followed by reaching resistance level...

Crude oil prices fell below $48 a barrel on Thursday amid indicators of rising U.S. crude oil inventories.The U.S. Energy Information Administration is releasing its U.S. inventories report later...

Crude oil is now testing 47.40, which represent the first resistance that should be breached to support keeping the positive expectations, as we still favor the upside move intraday targeting mainly...

Silver price stabilized above 17.70 and 17.93 keeping the positive stance valid, benefiting from holding above 50% correction. Trading above 17.93 extends the upside move towards 18.79.As for today,...

Despite yesterday's bullish rally above 1300.00, gold moved back to the downside to trade below the referred to level but above 1294.65 and the support 1285.15. RSI is showing overbought signals;...

At the Cambridge House Vancouver Resource Investment Conference this past Sunday and Monday, we had the chance to ask respected mining analyst Brent Cook for his outlook on the sector for which he is...

Silver headed for a bull market in its best start to a year in more than three decades as the European Central Bank expanded economic stimulus measures, boosting demand for the metal as a store of...

Nine days ago I noted that a set up was in play to short Doc Copper and long Silver. The upper left chart were the conditions in play on 1/13. The lower right chart is an update to this pattern,...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRALSHORT TERM TREND: BULLISHVERY SHORT TERM TREND: BULLISHGold found resistance yesterday at 1305 after a classic 5-wave impulsive rally leg....

Coffee futures are testing critical support levels, and could offer a good risk reward buying opportunity at current levels. Natural Gas should remain under pressure breaking the $3 level.Coffee...

Oil prices edged up on Wednesday, resuming a choppy trade amid lingering uncertainty about the global recovery, as the International Monetary Fund cut its global economic forecast for this year and...

Crude oil breached 47.40 and stabilized above it to support extending the upside move in the coming period, and the next target represents breaching 48.25 then 49.05 to confirm extending the bullish...

Yesterday's downside move remained limited above 17.93 at 50% correction as showing on graph. The metal stabilized today above the referred to level despite the downside move while Linear Regression...

Gold prices moved back to the downside yesterday after failing to stabilize above the psychological barrier 1300.00 close to 78.6% and 76.4% corrections. Trading below the referred to levels formed a...