Commodities Analysis & Opinion

WTI Crude Oil is under pressure for a third day despite rising global market risk appetite and solid US economic activity data.The night before, the EIA released two weekly reports on commercial...

Oil prices came under pressure yesterday following an increase in US crude oil inventories, while a rebound in US treasury yields would have likely added further pressureEnergy - US Crude Inventories...

U.S. inflation has fallen faster than expected and Fed's target is right around the corner Meanwhile, gold has rebounded after US dollar's weakening But $2,000 remains a key resistance for the yellow...

Brazil planted a record soybean crop only to see unusually dry and hot weather create concerns for the harvest.Furthermore, Argentina had an extreme shortfall of soybean meal...

Forced Selling and Low Valuations in VanEck Gold Miners ETF (NYSE:GDX), VanEck Junior Gold Miners ETF (NYSE:GDXJ)

Gold has made a decisive reversal to the upside this week. We are likely to see the start of a new bullish momentum with the potential to renew all-time highs above $2100.Gold rallied by $200 in...

Gold XAU/USD shot higher from the buy level at 1933/30, aided by yesterday's lower-than-expected CPI number and we hit all targets as far as the sell opportunity at 1958/63 but continued higher to...

A week ago, Morgan Stanley analysts called Goldstocks a buy, while I called for a week of pain.The GDX (NYSE:GDX) chart.  Clearly, it was pain that prevailed, but could these analysts be...

A little over a century ago, Captain John Alcock and Lieutenant Arthur Whitten Brown became the first people to make a nonstop, transatlantic flight. Beginning in Newfoundland and ending with a...

Oil is getting a bid back, perhaps because they realize that the recent sell-off was way overdone based on global supply and demand, or perhaps because someone might find the guts to hold Iran...

Gold extends its fall from the 5-month peak of 2,009Hits the crucial 200-day SMA, which holds strong for nowMomentum indicators slowly tilt to the bearish sideGold had been in a steep...

It was a rough week for precious metals as Gold lost 3%, Silver 4% and the miners shed over 7%. The bullish inverse head and shoulders patterns in the mining indices failed as Gold and Silver were...

How to predict gold direction

Despite material struggles across other areas of the commodities market, the yellow metal remains relatively elevated.Growth vs. InflationWith our GDXJ ETF short position continuing to produce...