Commodities Analysis & Opinion

For the 137th time in the past seven months, people are running around buying oil, thinking it has bottomed. Good luck with that. Be wary; here’s the intraday chart, with an important failure...

As the chart below shows, gold appears to be trying to put in a bottom at the moment. The last couple of month's price action has been directionless and volatile, which may well be part of the process...

Gold February trying a break above 1223/25 this morning but we meet strong trend line resistance at 1228 today. A high for the day is possible here but shorts need stops above 1233. Be ready to go...

Natural gas price is likely to challenge 2,80 very soon. A breakdown below this two year low will confirm the downtrend and open the way to 2,60. The negative momentum will be prevailing as long as...

Oil prices fell on Friday amid signs of decline in US shale oil production, which has seen an unprecedented uptick in production rates during the last period. The boom in shale oil production by US...

Oil prices gained on Thursday, holding gains from the previous session when it broke a four-day losing streaky after U.S. oil inventories fell more than expected. February Brent crude climbed 0.22% to...

Silver is moving gradually to the upside benefiting from holding above 23.6% correction at 16.00. The metal is trading above Linear Regression Indicators, as RSI and MACD are positive. All the...

The metal moved sharply to the upside this week and benefited from stabilizing above 1213.05 to move to the upside. During the week, further bullishness is expected, as it depends on the metal's...

Basis "traditional" valuation, that is, under rational conditions. And whilst irrationality trumps solvency if one remains stubbornly rational -- for axiomatically "the markets are never wrong" -- as...

The reason why a mirror only switches your image left to right and not also up and down is an illusive property of optics. Optically, the image appears as if you somehow walked around to the back of...

Gold is at the Top of its Potential Triangle (Navy Blue) Gold is at the top of its potential triangle (navy blue on chart above). If it doesn’t turn here for the triangle bottom, it has a target...

The Brent contango is now big enough for oil to bottom.Crude Oil Brent (F) QAG15 (Feb ’15) 49.49 Crude Oil Brent (F) QAH15 (Mar ’15) 51.07 Crude Oil Brent (F) QAJ15 (Apr...

Weekly CFTC Net Speculator Crude Oil Report CFTC COT data shows speculators cut oil bets as WTI crude falls below $50 per barrelCRUDE OIL: Futures market traders and large speculators decreased...

Weekly CFTC Net Speculator Gold Report Gold positions up five out of the last six weeksGOLD: Large futures traders and gold speculators continued to increase their overall bullish bets in gold for...