Commodities Analysis & Opinion

There is likely to be some short-term volatility in the gold price today ahead of the release of the October FOMC minutes, however it is unlikely to affect medium-term moves.Traders will be...

Hourly ChartGold prices remain steady despite strong dovish statements by various Fed members yesterday. Instead of rallying up strongly due to lower chance of QE Tapering, prices actually went lower...

Gold was unchanged in quiet trading yesterday as the price moved along the lower boundary of the triangle pattern for the third day in a row. This type of price action often precedes a break of...

Gold was little changed early Wednesday before the minutes of the Federal Open Market Committee (FOMC) offers the latest on the tapering debate underway inside the Federal Reserve.Billion traders are...

Crude oil rose for a second day after the Federal Reserve signaled it will maintain stimulus, while investors expect a rise in US fuel supplies due to rising demand. World powers and Iran resume today...

CLCrude rebounded from a five-month low before a report projected to show that U.S. refineries bolstered operations as they ended seasonal maintenance. Crude rose 0.3 percent. An Energy Information...

Crude: Not that there’s much difference in our chart, but we’re moving our interests to the next month ahead; CLF4. Hard to believe we’re already into the new year, but we do hope it...

Gold hit strong trend line resistance at 1289/90 & topped exactly here as predicted. We collapsed towards our lower target of 1268/67. Today's outlook remains negative so watch for a break below...

Brent Crude bottomed exactly at our buying opportunity of 107.65/55 & this trade worked perfectly as we returned to resistance at 108.45/55. We struggled here as expected with the short term...

WTI Crude unable to reach 9445 in a near 3 month bear trend & as expected we saw lower prices at the start of the week.Immediate resistance at 9320 & below here keeps the market under pressure...

Copper moves lowerThe dollar was generally firm at midday in Europe. The main mover was the pound, which was quite volatile. It rose slightly in the morning in anticipation that the minutes of the...

The Oil Market Intelligence (OMI) group tracks monthly global oil demand. I track the 12-month moving averages of their data to smooth out the monthly volatility. Total world demand rose to a record...

Oil prices were down in the US yesterday (November 18th) after speculation grew that the Federal Reserve is ready to start tapering its quantitative easing programme. The Thomson Reuters/Core...

The December contract for WTI continues its heavily bearish tone with the contract moving lower once again in yesterday’s oil trading session to close at $93.03 per barrel, and moving the...