Commodities Analysis & Opinion

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...

The US economy has been moving in the right direction, but inflation numbers in the US remain at very low levels. On Tuesday, CPI and Core CPI, the primary gauges of consumer...

Crude Hangs Hopes On Bullish Inventories ReportCrude Oil has managed to regain its footing in Asian trading today as investors turn to upcoming US inventories data for guidance. Meanwhile, the...

Crude Oil prices fell heavily once again yesterday, as the commodity lurched lower, adding further momentum to the negative sentiment for oil, which has now fallen steadily throughout July and August,...

Gold – Looking Increasingly Bearish (1hr chart) Continually getting rejected and producing intra-day LH’s (lower highs), the precious metal has been forming weaker and weaker...

West Texas Intermediate was little changed ahead of weekly oil stockpiles data from the US due later Wednesday. Brent stood near a 14-month low, pressured by increasing global supplies amid easing...

In 1950 the US owned about 20,000 metric tons of gold – approximately 640,000,000 troy ounces. By August 15, 1971 when President Nixon “temporarily” closed the “gold...

The unthinkable has happened. India’s appetite for gold has slowed down.According to the World Gold Council (WGC), demand for the yellow metal fell 39 percent to just above 204 tons from a year...

Volatility has reduced for gold and isshowing signs of a potential base forming. Next we just require a catalyst which will provide the next directional run.Below you may find the video

Gold for Wednesday, August 20, 2014Over the last few days Gold has been easing lower back towards the $1300.  Now that it has broken through that level, it now has eyes on the previous...

Gold gave back earlier gains as better than expected U.S. housing data lifted stocks, yields and the dollar. Despite persistent geopolitical tensions underpinning the market, the yellow metal slipped...

Gold is steady on Tuesday, continuing the lack of movement which has characterized this week. The spot price stands at $1301.00 per ounce in the European session. On the release front, US...

Corn headed for our selling opportunity at 382/383 where we predicted a high for the day but topped just a fraction early at 381. As expected we saw a drift lower to 370/369 where we said a low for...

Wheat has a bullish double bottom in an oversold market and it is looking more likely we will recover in to the autumn. Today we are below 557/55 having reached 552 and could now see 549. A low for...