Commodities Analysis & Opinion

Natural Gas on the Nymex had a very volatile week before closing 12.9% higher than a week ago at $2.88. EIA confirmed on Thursday a withdrawal of 192 Bcf in working underground stocks for the week...

The pause by gold gave way to selling pressure yesterday, spurred to a degree by the post-Monday‘s trading action. As both metals declined by around 2.5%, this move probably appears overdone to...

Joe Biden’s election as president and his first economic proposal proved negative for gold prices, but the presidency might yet turn positive.The 46th presidency of the United States has...

On the corn front the March corn ended up 2 cents lower settling at 550 in yesterday’s action after hitting 7 ½ year highs. The export sales numbers were good but already the market...

Oil continues to be in demand Oil continues to rally following OPEC’s supportive post-JMMC comments earlier this week. Preliminary OPEC production data for January also suggests compliance...

Gold bounced from 1785. Being in a sideways trend, a strong recovery from here is possible although I do not see a buy signal. I am basing that on recent action, where we get a strong move, which is...

With a still-fragile US economy, worrying levels of COVID-19 infections and deaths, and blockbuster pandemic-related spending anticipated in coming months, gold's return to November lows of under...

Today is the most critical day for markets and traders. Today, we are going to get another update about the health of the US economy when the US NFP data will be released. There is no doubt that the...

Gold paused yesterday and doesn‘t look ready to rebound. But does it mean it‘s acting consistently weak?No. Today‘s analysis will show that its better days will come – and we...

On the corn front we came out of the blocks lower but proceeded to trade higher in yesterday’s trading session and settled unchanged. Talk on the street is traders are expecting a good export...

With the price of oil up in the last three months (the Brent spot price was $39.68 on Nov. 4) and still rising, there is some optimism that maybe prices are heading for highs we haven't seen in...

WTI crude longs on the break above 5390 work perfectly as we reach 5630/40 for up to 230 ticks profit. With bulls in control we look for 5660/70 & 5695/5705, perhaps as far as 5740/50.Minor...

Gold breaks 2 week range support at 1832/30 for 1820/17 before a retest of support at the January low at 1812/10.First resistance at 1830/32 today of course but above here allows a recovery to 1840,...

Copper dazzled before the eyes of investors at the end of 2020, as vaccine breakthroughs and the promise of economic reopenings after the COVID-19 lockdowns made the price of the metal shine like its...