Commodities Analysis & Opinion

Gold added for the sixth consecutive trading session, showing persistent but very cautious gains. Sustained buying brought the price closer to $1800, almost recovering from a violent two-day sell-off...

Gold Spot longs at 1775/70 worked perfectly—we bottomed exactly here and continued higher as expected to the next targets of 1780 and 1787/88. A potential 15 point profit so far. Outlook is...

Gold prices are in recovery mode as prices have bounced off from their recent lows. The dollar index has lost its upward momentum and this has helped the gold prices to move higher. The fact is that...

Gold commanded its unit to make another raid only to find itself stranded. The gold miners had already fled as fugitives, retreating without orders.The Gold Miners While gold shrugged off the Aug. 8...

The Taliban seizure of Kabal means the fall of Afghanistan to the Taliban regime. With reports of rape and murder, the withdrawal and the abandonment of the Afghan people is an epic failure of...

The commodity market remains worried about the spread of the coronavirus disease. Brent is falling and trading at $69.70. In some countries, especially when it comes to Asia, which is the main...

Weak US consumer confidence on Friday sent US yields sharply lower, feeding through to a bout of concerted US Dollar weakness. That was enough to lift gold sharply higher, rallying by 1.55% to...

Gold Spot beat 1756/59 to hit the next target and resistance at 1774/76. Although shorts did not stop above 1780, there was no profit in the trade as we closed at 1779. Outlook is more positive...

Gold just posted its best net weekly gain of the last five, price settling Friday at 1782. 'Course, hardly was the week's gain impressive solely by the mere up blip in the above Gold Scoreboard's...

Silver futures appear to be nearing an inflection of great importance. But first, let’s talk about how we got to the point. Silver crashed hard along with most assets when coronavirus hit...

What do the portents say? Well, we’ve been looking for connections between gold and Bitcoin, and we see a chance to fatten the coffers.But first, let’s talk about gold and the miners....

The last seven days have been a roller coaster for precious metals, but gold has been bouncing recently. However, I want you to pay close attention to the broken trendline. Specifically, we are coming...

The Biden administration policies are falling apart. It is clear that Biden’s track record of being wrong on every major policy decision before becoming president continues on. First, it...

The daily chart for the WTI September contract makes interesting reading as we head into the summer doldrums. For the time being, we look set for a further extended congestion phase to develop with...