Commodities Analysis & Opinion

The price of WTI crude oil surpassed the $58 a barrel mark this week. The last time it traded at that level was in June, 2015, when the oil crash was still in full swing. Almost two and a half years...

Crude Oil: Well-supported bullish trend gaining momentum Original post

Gold: Only trading above 1,308 will activate a rounding bottom bullish pattern. Original post

Gold has posted considerable gains in the Wednesday session. In North American trading, the spot price for an ounce of gold is $1290.71, up 0.79% on the day. On the release front, durable goods...

In the last issue of Seasonal Insights I have shown that the gold price behaves quite peculiarly in the course of the trading week. On average, prices rise almost exclusively on Friday. It is as...

The oil market has rebounded with buyers paying a premium to receive their barrels speedily. Now, crude oil for this month is more expensive than the next, as the oil market enters into a state known...

TransCanada’s Keystone pipeline problems have squeezed supplies and upset South Dakota, sending West Texas Intermediate (WTI) gushing higher ahead of the Thanksgiving holiday.Crude oil traders...

I’ve written a lot about how the US dollar is the fulcrum of the global financial system.Commodities are priced in dollars. Global trade is done in dollars. And the majority of international...

Still expecting a correction in gold toward the uptrend line. Neutral now. source: Investing.com

Gobble Gobble RallyGood Morning!We kickoff the day with Advanced Durable Goods and Initial Jobless Claims at 7:30 A.M., EIA Energy Stocks at 9:30 A.M.,EIA Gas Storage at 11:00 A.M. followed by Cold...

On analysis of the movement of Silver futures price on November 22nd, 2017 at 09:55:00 in the same chart pattern which I noted in my last analysis, I find the Silver futures price scaling ahead well...

Hedgers Give Thanks Business and users of oil that did not buy into the lower for longer talk are giving thanks this Thanksgiving for having hedged their oil, gasoline and diesel purchases. Suddenly,...

Keystone pipeline travails and a more substantial than expected drop in crude inventories saw crude gush higher in Asian trading.WTI races higher in Asian trading as TransCanada Corporation (TO:TRP)...

OPEC’s November meeting is just a bit more than a week away. The most important issue OPEC members will debate at the meeting is whether to extend their production cut agreement beyond its...