Commodities Analysis & Opinion

COT Report Shows JPMorgan Holds Lowest Silver Short Position Since 2008This is an excerpt from Ed Steer’s latest commentary in his daily gold and silver newsletter. In it, he refers to Ted...

September has been a poor month for precious metals. Gold is down 5.2%, despite it being gold’s strongest month from a seasonal perspective. The price fall means that gold is heading for the...

It’s been a month of congestion and consolidation for crude oil prices, with the commodity driven by a variety of forces, but as we approach the start of October, the market now appears to be...

Main scenario:The pair is trading along a wide sideways trend.An downtrend will start as soon, as the pair drops below support level 1216, which will be followed by moving down to support level 1210 -...

Crude soared affected by the worries of weak production amid the closure of units and refineries in eastern Canada and Texas for the unplanned repair in conjunction with the seasonal maintenance...

On the four-hour interval graph, we notice that the metal is trading slightly above the resistance of the downside move, but at the same time, we notice that trading was limited below the resistance...

Source: Blackwell Trader (Oil, D1) Crude Oil markets, technically speaking, have jumped out of the pennant pattern and have rushed up to the current bearish trend line in the market. While people...

Below, a weekly technical update, published at the beginning of each trading week in spreadsheet format to help you develop your trading game plan by identifying the short-, medium- and long-term...

Crude OilBetter-than-expected U.S. personal spending data coupled with news of refinery closures sent oil prices trading near session highs on Monday. Crude at session highs on U.S. data, refinery...

Copper bottomed yesterday at 3013 and beat 3040 to hit our 3064/69 target perfectly for a selling opportunity. Prices topped exactly here and dipped back to the 3040 level for a quick profit, which...

Silver has fallen every week for 12 weeks, except one when we closed unchanged. Clearly a very strong bear trend therefore. No sign of a bottoming out yet so any short term recovery is a selling...

Gold for Tuesday, September 30, 2014For more than a week now gold has thoroughly enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215. ...

Jay Taylor doesn't beat around the bush—he believes the price of gold is being suppressed to support the U.S. dollar and underwrite American foreign policy. But the publisher and editor of J....

Price resistance can be seen at 270 mark followed by final resistance at 290 mark. Support can be seen at 240 followed by strong support at 228 mark.MCX Natural Gas Oct contract has been trading in...