Commodities Analysis & Opinion

Gold for Wednesday, October 8, 2014For the best part of the last couple of weeks Gold has thoroughly enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just...

Crude Oil, viewed by way of United States Oil Fund (NYSE:USO), nailed its technical target 33.68 (marked with the lower horizontal red line in the chart here). It seems stalled there, but it’s...

The US national debt in 1989 was about $2.8 Trillion. Twenty Five years later, in 2014, that debt had increased by a factor of about 6.3 to $17.8 Trillion.For many decades the US piled on more debt,...

Gold remains firm above $1200 after rebounding smartly on Monday from in front of the key 1182.10/1179.83 support level. The yellow metal is garnering support from the IMF’s latest negative...

Prices on Brent Oil, Crude Oil and major oil products have dropped to multi-year low levels following a growth slowdown in China, a surge in the US dollar and a further rise in global oil output. The...

Gold touched the important support level of $1180 for the third time in the last 16 months. How long can traders and investors expect it to hold the bears’ strength?In our previous analysis...

OIL DailyCrude oil is at the lows but based on a larger pattern and RSI divergence suggests that we may see a bounce in October. The wave count is showing idea of a flat correction in wave 2 where...

Resistance is now observed in the range of 253 - 255 levels. Trading consistently above 255 levels would lead towards the strong resistance at 260 levels, and then finally towards the major resistance...

Crude OilCrude Oil futures edged higher during European morning trade on Monday, but gains were limit amid speculation rising global supplies will be more than enough to meet slowing demand. Crude oil...

Main scenario:The XAU/USD pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1198, which will be followed by reaching support...

Gold prices fell 1.9% on Friday hitting the $1,190 level for the first time in 2014 and erasing the year’s gains, after data showed strong hiring in the U.S., which boosted bets over an interest...

Both U.S. Crude and Brent futures declined on Friday, as oversupply and a stronger dollar continued to weigh on oil prices.November Brent fell 64 cents at $92.76 per barrel, heading for the fourth...

Gold prices fell on London early trading on Friday, as investors feared over the outlook of U.S. interest rates amid improving economic growth.Gold has fallen 1.1% this week, and is close to turning...

Crude oil is retesting 90.60 and is stable below it keeping the expected downside move valid in the upcoming period and its extended targets reside at 85.45. Linear Regression Indicators are...