Commodities Analysis & Opinion

As discussed in our last analysis on gold from January 5, a bearish AB=CD pattern was forming with a 100% D leg completion at 1,273.9. That price target was reached last Friday as gold hit a high of...

Gold is trading quietly on Monday, with a spot price of $1277.78 per ounce. Gold had an excellent week, as the metal climbed 4.4 percent against the dollar. There are no US releases on Monday, as the...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRALSHORT TERM TREND: BULLISHVERY SHORT TERM TREND: BULLISHGold continued to rally sharply at the end of last week in an impulsive move higher...

Gold has moved sharply up on a 4 hour time frame. The price has broken the symmetrical triangle pattern and the projection of this could easily push the markets towards the 1300 mark. The volatility...

Brent crude oil futures rose above $49 a barrel on Friday as the International Energy Agency (IEA) said the tide of recent price slumps may turn, as it kept the demand forecast for this year. Analysts...

Oil prices are still moving to the upside testing the resistance level formed by 38.2% correction at 49.05 after previously being broken, and the price should breach the resistance to confirm...

Gold prices moved sharply to the upside last week and stabilized above the targeted 61.8% correction. Fibonacci level 61.8% resides at 1263.50, and trading above it now is positive and indicates...

The Swiss franc rose 20% against the euro on Thursday, after the Swiss Central Bank announced its decision to remove the exchange rate cap against the euro. A massive rally boosting the franc occurred...

CLOil prices rallied sharply on Friday, as bullish comments made by the International Energy Agency helped ease concerns over a glut in global supplies. For the week, New York-traded oil futures...

The Geopolitical situation in the oil markets are perfectly set up for oversupply, and weak demand is ensuring this oversupply goes nowhere. There is still no bottom forming in the oil markets yet so...

Prices remain under pressure, with a new low posted at USD17.10. Weekly studies also continue to point lower, but signs of stabilisation are appearing, suggesting potential for a corrective bounce in...

As an investor, it’s not your job to change how the United States handles foreign policy, even though you might want to. It is, however, your duty to understand how global conditions move the...

Put this in the category of things that can't be true, but that are nevertheless affirmed with a straight face: The U.S. Energy Information Administration (EIA), the statistical arm of the U.S....

Gold for Monday, January 19, 2015Gold has enjoyed a solid last three weeks which culminated in the strong surge higher to a four month high above $1280 to close out last week. In this time it was able...