Commodities Analysis & Opinion

Monitoring purposes S&P 500: Sold long SPX on 8/14/14 at 1955.18 = gain 2.39%. Long SPY on 8/7/14 at 1909.57. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11 Long-Term Trend...

Almost perfect weather conditions across the principle growing regions in the U.S. and the prospect of record crops continue to push soft commodity prices lower. And with harvesting underway, this...

Gold prices are steady on Wednesday, as the spot price stands at $1237.25 per ounce. The metal has posted modest gains this week, after slipping about 3% against the strong US...

A bearish engulfing candlestick pattern and a negative cross-down on the key moving averages suggest further weakness in the counter. As one can see from the adjacent chart above, MCX silver is...

Gold: Today's Technical Report/Commentary:The recovery from Monday’s 8-month low has touched the micro term Fibonacci 50% level at 1241.7, topping only 2 pips above it yesterday. This level is...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRAL/BEARISHSHORT TERM TREND: BEARISHVERY SHORT TERM TREND: BEARISHGold jumped yesterday on news that the Chinese were introducing Quanititatie...

Gold resumed its rebound for a third straight session from near 8-month low before amid speculations the Fed would leave interest rates low for considerable time after withdrawing stimulus.The main...

The metal failed yesterday to stabilize above the previous bottom 1240.22 and remained below it. Linear Regression Indicators are still negative, and despite that AROON is showing weakness in the...

Despite the shorts in precious metals reaching record heights, the junior gold miners (Market Vectors Junior Gold Miners (ARCA:GDXJ)) continue to find support at the 200 day moving average, a critical...

Crude OilOil prices shot up in U.S. trading on Tuesday amid reports that global oil cartel OPEC may trim output, while talk of fresh fighting in Libya also boosted prices. Crude surges on talk of OPEC...

There's been a dramatic collapse in commodities since the April/May timeframe. Grains have gotten absolutely crushed. Corn, wheat, and soybeans all were looking promising earlier in the year and...

Gold for Wednesday, September 17, 2014During the few days of this week gold has been able to find some support around $1225 and rally up consolidate just below the resistance level at...

Gold recently fell to its lowest level in seven-and-a-half months as the dollar rose to a 14-month high. Easing tensions in Ukraine and the Middle East also acted as a drag on gold and Silver prices....

Gold is higher again today as the FOMC commences their two-day meeting. The market began the week quite short and rather oversold, so it’s not surprising to see some position squaring going...