Commodities Analysis & Opinion

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector...

Gold is steady on Tuesday, after sustaining sharp losses a day earlier. In the European session, the spot price stands at $1202.00. In the US, today’s highlight is Building Permits. The markets...

The 14-period RSI is above the support line and continues to trade lower indicating bearish momentum over the medium term (RSI is in Oversold position). As per our previous recommendation dated 12th...

Crude oil is in strong impulsive downtrend with more weakness to come after a new leg down last week, this time through $60 per barrel. Based on latest price chart we see a five wave extension from...

GoldMain scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1201 which will be followed by reaching resistance level 1217...

Gold futures dropped to one-week lows on Monday, erasing the previous week’s gains, as investors looked ahead to the outcome of the upcoming Federal Open Market Committee meeting later in the...

Crude oil touched our key awaited target 55.60, where it found a strong support that could lead to interim sideways volatility. Generally, the main downside move remains valid supported by the...

Silver dropped yesterday and traded around 16.00 before rebounding slightly to the upside. There is a negative crossover attempt on MACD, and we notice that RSI broke line 50 to the...

In space, no one can hear you scream… unless you happen to be Venezuela’s (soon to be former) leader Nicolas Maduro, who has been doing a lot of screaming this morning following news that...

The plunge in crude oil dragged down global stocks and risk aversion lifted yen higher. WTI crude oil extended recent down trend and barely held on to 55 level. DJIA reversed initial gain and ended...

CLCrude Oil prices tumbled on Monday after a key OPEC country said that the oil cartel won't trim output to shore up prices, which fueled ongoing concerns that supply far better demand. The United...

Silver charts are looking interesting after last week’s article on the possible movements that it was going through.We could be set for some more moves higher, as silver does not look likely to...

The Energy Index, PowerShares DB Energy Fund (NYSE:DBE), has weakened considerably since its high in September, with prices relative to the broad based Commodity Index, PowerShares DB Commodity Index...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny Regular dropped 13 cents and Premium 12 cents. Regular is now at its...