Commodities Analysis & Opinion

In financial social media circles, Bitcoin is all anyone can talk about. It has had a spectacular run and so few understand it, how can you blame the crowd for focusing there. But elsewhere Equity...

OPEC’s summit passes without incident as the production cut extension was rubber-stamped and Libya and Nigeria are brought into the fold.The oil market breathed a sigh of relief as the...

Gold: Short-term bearish alertOriginal Post

Crude Oil: Preferably bullish hereOriginal Post

Besides bringing back some cheer to the sector, the latest report by industry monitoring body World Steel Association (WSA) on crude steel production reveals an interesting story.World crude steel...

Over the past half-year or so, it seems as though the cannabis industry is putting out a new press release every other day. And due to relatively recent state-by-state legalization, cannabis’...

Gold has posted considerable losses for a second straight day. In Thursday’s North American session, the spot price for an ounce of gold is $1274.06, down 0.75% on the day. In the US,...

On analysis of the movement of Natural Gas futures price on November 30th, 2017 at 23:20:00 in the same chart pattern which I noted in my last analysis, I find the Natural Gas bears seem not to dare...

by Pinchas CohenStrong Chinese Data Lifts NickelBase metals are in a decline despite the fact that China’s manufacturing PMI factory gauge unexpectedly rose to 51.9 in November, beating the 51.4...

The gold price has certainly behaved strangely this week, failing to react to news which would usually send the precious metal considerably higher. In fact after North Korea launched another missile...

Today OPEC is discussing the possible prolongation of its oil cut agreement. What does this mean for the crude?The most optimistic scenario, the extension for 9 months till the end of 2018, is already...

Now What?Despite some made up drama that some people like to make up at these OPEC meetings, the reality is that OPEC and Non-Opec will extend production cuts until the end of the year. OPEC is on...

Bullish monthly candlestick and lack of close resistance levels speaks for $60+ levels Original post

Projecting a correction to the old resistance that has become support Original post