Commodities Analysis & Opinion

It is a metaphor, of course. We are not talking about the comic character, surfing throughout the universe at the speed of light. Unless he is also a trader, who shorted silver in the middle of July....

Past gold price bottoms have closely coincided with small speculators moving to a net short position in gold futures. As of Tuesday September 16th the small specs were still holding out with a...

Gas prices have been heading lower over the last several months and are down 19% since the June high. This has been great news for drivers and especially those families taking road trips during...

It’s been another week of steady and slow decline for soft commodity prices in general with a combination of factors all helping to extend the bearish price action once again. Of these,...

It’s been another week of steady and slow decline for soft commodity prices in general with a combination of factors all helping to extend the bearish price action once again. Of these,...

On breaking out on either side the commodity is expected to move around Rs10 to Rs12. On the flip side, the breakdown level is Rs418 and on the upside the break-out level is Rs434. As one can...

LONG-TERM TREND: BEARISH INTERMEDIATE-TERM TREND: NEUTRAL/BEARISH SHORT-TERM TREND: BEARISH VERY SHORT-TERM TREND: BEARISH Gold has continued to fall steadily this week, breaking below the 1225...

Gold is stable on Friday, with a spot price of $1222.86 per ounce in the European session. The metal showed little reaction to the results of the Scottish referendum, as the No side won...

Palladium rose to 912 on September 1, but was unable to keep the bullish momentum and is currently trading close to 830. We are interested not only in the decline itself, but in its wave...

This week saw a continuation of last week's sell-off in Gold as prices fell to an eight-month low. GoldMoney customers sold the yellow metal, but Kelly-Ann Kearsey, Dealing Manager at the online...

Gold and Silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility. Silver is struggling to hold $18.50. Mainstream opinion has...

crude oil saw a choppy trade Friday morning, with Brent holding below $98 a barrel and West Texas Intermediate slightly lower, but both benchmarks were set for their first weekly gain in three...

Gold consolidates after that it slipped to n eight-month low after the Federal Reserve raised its outlook for interest rates to accordingly corrode the appeal of the precious metal while that crude...

Oil retraced aggressively from 95.25 regions and it is currently trading below 92.50 support. RSI14 has been resisted at the value of 50.00 and that could send prices lower to re-experience...