Commodities Analysis & Opinion

Gold has turned strongly to the upside last week, above 1300 so looks like the market is in a new impulsive upward cycle on intraday charts. We are tracking two counts, and more importantly both are...

Natural Gas prices to find support in the range of 268 - 267 levels. Trading consistently below 267 levels would lead towards the strong support at 262 levels and then finally towards the major...

Crude oil prices to find support in the range of 6,370 – 6,380 levels. Trading consistently below 6,370 levels would lead towards the strong support at 6,280 levels and then finally towards...

We received a comment to an article posted last week, studying the divergences that are happening between aluminum-related stocks and aluminum prices. The comment goes as follows: Alcoa is a stock,...

I wish the pundits, experts and analysts would quiet down. Oh, they don't influence what I do. I just focus on the message of the markets and proceed accordingly. But many are looking for rational...

MCX Copper June as seen in the weekly chart above has opened at 402 levels and during this week open and low levels were the same. In this week as expected prices rallied sharply towards the weekly...

Precious Gold traded near its highest level in two months on Monday as some investors preferred to hold the metal amid the current geopolitical tensions in Iraq and Ukraine.Taking advantage of its...

Trading consistently below 43,500 levels would lead towards the strong support at 42,600 levels and then finally towards the major support at 42,000 levels. MCX Silver July as seen in the...

Crude OilWTI hit a nine-month high after insurgents led by the Islamic State in Iraq and the Levant, or ISIL, seized the northern city of Mosul and advanced toward Baghdad. The highest price for...

What a difference two weeks can make in the precious metals markets. Going from a confirmed downtrend to an uptrend—at least on the short term basis—was rather swift and didn’t leave...

Now don't get too discouraged out there. Herein mentioned on occasion is Gold's proven ability in the past to rise better than 100 points in a single session, (albeit our viewing "change" as an...

Last Friday we examined the gold/silver ratio. In light of the big moves in gold and oil that we saw this past week, I thought it would be worth observing the gold/oil ratio. As we can see,...

GoldTo finish out last week gold enjoyed a stunning surge higher to break through some key levels along its way to reaching a two month high just above $1320.  In doing so it was able to move...

The US energy markets continue to adjust to rising domestic production and shifting delivery capabilities. The bottleneck of transporting Oil from Cushing, Oklahoma (settlement point for WTI...