Commodities Analysis & Opinion

US Steel (NYSE:X), stock was trading in a flat base 3 years until it broke higher a few weeks ago. I have been taking about the possibility for letter X since October last year and now it has finally...

Gold fell to a two-month low in New York on the outlook for higher U.S. interest rates that strengthened the dollar. Platinum headed for the longest run of losses in 27 years in London.Many U.S....

Since finding a low in the first week of August, the S&P 500 hasn't wasted much time, closing positive in seven sessions out of nine and narrowing the gap from its 27th record close this year -...

Crude Lacking Fuel To Lead A RecoveryCrude Oil remains in a precarious position as escalating tensions in Iraq fail to spark fear-driven buying of the commodity. Similarly, the precious metals...

The numbers are in…In the second quarter of 2014, world central banks bought 117.8 tonnes of gold bullion compared to 92.1 tonnes a year earlier—a jump of 28%. Central banks have...

For gold traders who trade what they see and not what they think, it’s been a question of not if, but when gold prices would finally break lower, with the overnight session on Globex finally...

Gold prices extended losses on Thursday, dropping to a 2-week low, after hawkish minutes from the latest Federal Reserve Policy meeting showed that the central bankers were surprised at the speed of...

Coeur Mining is the largest US-based primary silver producer and a growing producer of gold, as well, with mines from Alaska to Bolivia. When it came time to replace the 100+year-old London silver fix...

Tuesday, crude oil lost 2.10% as worries over conflicts in Ukraine and Iraq waned. As a result, light crude dropped to its lowest level since Jan 21 and slipped below an important support area,...

Gold – Breaks 1292, Forms Price Action Squeeze + Pin Bar Rejections (1hr chart below) As we wrote in our daily market commentary yesterday, we intimated Gold was looking increasingly bearish,...

Crude OilWest Texas Intermediate swung between gains and losses after crude stockpiles fell the most in five weeks in the U.S., the world’s biggest oil consumer. The U.S. Energy Information...

The 50% of the move up from the end of December low to the 2014 high comes in at 1287.19. The 200 day MA comes in at 1284.75 area. This makes this area between 1284.75 and 1287.19 a key support area...

Over the last few days Gold has been easing lower back towards the medium term support level at $1290 which is where it presently finds itself resting.   A couple of weeks ago Gold had...

Copper traded lower as per expectation and reach to the support zone. Now copper is trading around 6913 of lme and as we can see on charts, copper provided a false breakout below the lower tradeline...