Commodities Analysis & Opinion

Gold unexpectedly broke all resistance to hit 1250. This week's candles formed a bottoming pattern so we should start to build a short term recovery to unwind the oversold scenario. Any weakness today...

After 12 years of gains in the gold price, investors are now facing the true reality of unlucky number 13. Gold is set to end the year down for the first time in over a decade. Having hit an all-time...

Gasoil overbought but holding support at 941/940. However we could continue lower today to support at 936/935 which should hold the downside but longs need stops below 932. Next support at 100 day...

Soybeans support at 1312/11 held the downside for a move towards the 1335 target. We topped exactly here but may just edge as far as the 100 day moving average at 1337 today. Unlikely we make it any...

CLOil prices rose on Wednesday after data revealed that U.S. stockpiles made an unexpected drop last week, while an OPEC decision to leave output levels unchanged supported prices as well. The U.S....

Gold prices eased early Thursday following a 2% gain in the previous session, as traders eyed the upcoming policy decision from the European Central Bank (ECB) and US weekly jobless claims.The bullion...

Gold was a little tinker yesterday, making new 1211 lows and reversing direction, flying higher and leaving the bewildered sellers grabbing at straws trying to buy back their short positions. Up we...

Throughout October, I was regularly updating the blog with short term price action in various asset classes, which represented trading opportunities. One of those was the triangular pattern in Gold...

Hourly ChartDespite talks of further QE Tapering fears (which has been picked apart in the S&P 500 analysis), Gold prices sky rocketed yesterday, pushing from a low of 1,212 just before US open to...

Hourly ChartAnd the numbers are in! Latest inventory numbers from Department of Energy showed a first decline in Crude Stocks in 11 weeks, and what a decline it was - 5.59 million barrels in total,...

Mining stocks may have moved from a bear market to a place where they are becoming contrarian plays, says Mike Niehuser, founder of Beacon Rock Research, opening opportunities for value investing....

Monthly/weekly (below left, right) - Has the potential for a sharp rally if this double-bottom holds. Slight buy divergence on the weekly and longer term inverted head and shoulders pattern.Daily -...

As the table below shows, the short-term momentum on key agriculture commodities is predominantly still pointing higher, but a couple of warning signs have emerged. That is especially so in the soft...

Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider...