Commodities Analysis & Opinion

Silver hit our first upside target for profit taking at 2040/45 but failed below 2060/65. We then broke 2025/20 to keep the market under pressure in the bear trend & hit our targets of 2002 and...

Brent Crude hit our support at 106.75/65 for our buying opportunity & bottomed almost exactly here at 106.51. This trade worked perfectly as we shot higher to our target of 108.40/60 for a selling...

WTI Crude January should struggle to make gains again today with 9425/9450 likely to cap. Only a break above 9455 turns the outlook more positive & can target 9535/40, possibly as far as 9500/10....

Gold broke 1268/67 in the bear trend & then broke October lows at 1252/51 reaching 1241. We are a little oversold short term but fighting the bear trend is not advised. There is still a risk of...

Gold inched up during the European trading hours on Thursday, hovering near four-month lows after setting its biggest drop in seven weeks in the previous session as minutes from the Federal Reserve`s...

Crude oil fell on Thursday after the minutes from the Federal Open Market Committee`s October meeting released yesterday showed the officials felt they could decide to start scaling back the stimulus...

WTI Crude January should struggle to make gains again today with 9425/9450 likely to cap. Only a break above 9455 turns the outlook more positive and can target 9535/40, possibly as far as 9500/10.We...

Gold is negatively correlated with S&P 500, but yesterday, they both moved the same direction – down. Gold is in huge trouble, and bears are supported by strong technical signals. Currently,...

Hourly ChartPrice of Gold fell, similar to Stock and Bond Prices due to latest revelation from FOMC Minutes which reflected that Fed members deem it appropriate for a tapering action to take place in...

Hourly ChartPrice action in Crude Oil is interesting. Despite strong sell-off seen in US10Y, Gold and US Stocks, WTI Crude prices remain above 93.3. However, price isn't outright bullish either, as...

Looking at the chart of silver from today’s point of view, we see that at the end of the previous week, the white metal (similarly to gold) moved higher after Federal Reserve Chair Nominee Janet...

Buyers took the day off yesterday and let the sellers slice through 1250 and come within striking distance of trendline support evident at 1236. We have seen lows of 1242. Both the short and medium...

CLCrude was little changed as the Federal Reserve said it might reduce stimulus “in coming months,” countering a report that showed fuel consumption climbed to a five-year high. Prices...

Momentum seems to be growing in talks over Iran’s nuclear programme as negotiations between Iran and the so-called P5+1 continue today. Further progress could mean an easing of the sanctions on,...