Commodities Analysis & Opinion

Watch for bearish crossovers to occur on the MACD and PMO -- along with a lower low on the RSI -- to signal further weakness on oil. Otherwise, we may see an attempt by buyers to step in soon. If we...

Good Morning!Chinese suspend trading after 7% plunge following weakness in the yuan putting more salt on the wound after bad manufacturing data to ring in the New Year. Global markets followed suit...

A lot is being made of the recent and sharp upside reversal in the price of natural gas. This is not surprising since natural gas has been in a long-term decline since roughly July of 2008. However,...

Politics drive gold upGold prices advanced on increased global risks after North Korea tested successfully its thermo-nuclear bomb. Previously gold edged up on the flare-up between Iran and Saudi...

Gold is obviously not close to making a new all-time high in terms of the USD or any of the other major currencies, but it has just made a new all-time high relative to the basket of commodities...

Gold inclined to trade around 1101.00, which represents 38.2% Fibonacci, while SMA20 and SMA50 carries the movements from the underside. The bullishness depends on stability above 38.2%, as clearing...

While it’s been a very unhappy new year for many commodities—with crude oil plunging and copper following suit—it's been a rosy start for gold. Which, after so long makes a nice...

This week’s Crude Oil inventory figures showed a large draw on reserves which would usually give the Oil bulls cause for celebration. So why was Oil sold down to a fresh 7-year low?The weekly...

Gold short term outlook now very positive on the break above 1080 of course but we are overbought short term. Minor support at 1090/89 but better support at 1087/86. However if we continue lower look...

While oil continues to drop, there is one sector connected to the oil market that is doing rather well. It is the oil tanker sector, and while oil is trading at 11-year lows, many stocks in this...

Clear Out Weak Hands in the MarketOn Wednesday the oil market sold off to $33.77 on large inventory builds, China`s devaluation of its currency, and a substantial selloff in equities. Sure, oil can go...

Gold Broke Out Through its Inner Inverse H&S Neckline (Red) Today – Another Neckline to Go, Then Target is 1200ish Gold broke out today through the neckline (red) of its inner inverse...

We can see from the 3-Year Daily comparison chart below that, for the most part, Gold, Platinum and WTI Crude Oil have traded in tandem, although Oil has seen far more volatile swings.Since December...

WTI Crude is sharply lower on Wednesday, as crude futures trade at $34.60 per barrel in the North American session. On the release front, ADP Nonfarm Payrolls was outstanding, posting a gain of 257...