Commodities Analysis & Opinion

Gold has posted gains on Tuesday, as the base metal trades at $1078.60 per ounce in the North American session. On the release front, there is just one minor release on the schedule, Total Vehicle...

In the overnight electronic session the March corn is currently trading at 353 ½, which is 2 cents higher. The trading range has been 355 to 352 ½. It is a definite move in the right...

Regrets; they have a few, but then again...Iran offered regrets for attacking the Saudi Embassy. On one hand, the Iranians seem to be acting a little conciliatory, offering regrets after the United...

Oil prices had an eventful year in 2015. They began the year by recovering some of the losses incurred in the second half of 2014, rising from USD49 per barrel (/b) in mid-January to USD68/b in early...

We’ve seen this over and over, markets usually start to turn downward before bad market news hits the hardest.In November, when China’s stock market rallied, we warned that the rally...

SILVER INTRADAY CHART 5th January: The broad template appears correct but very complicated. The Wave -x- was a little higher at 14.41 from where a 5wave decline has been seen to 13.76. This suggests...

Gold has opened the year on the front foot as concern about the Chinese economy rear sits ugly head once again. Gold is looking to test the upper level of the range but so far has remained...

Gold: ADX signal becomes weaker, but we can see a bullish attempt on the indicator, while RSI14 is moving above 50.00 levels, which is a good signal for bulls. Yesterday’s incline argues us to...

WTI Crude first resistance at 3715/20 but above here stronger resistance at 3765/70 should act as the main challenge for bulls today. Shorts need stops above 3800. A break higher targets minor...

Gold first support at 1074/75 but below here meets better support at 1068/69. This could hold the downside but longs need stops below 1065. A break lower targets 1061 to try longs with stops below...

For most of December, gold has acted as if it is forming a base from which to rally but gold had a rough week last week losing $16.90/oz. and closed at 1,060.30. In addition, gold printed an engulfing...

Gold Weekly forecastMain scenario:The pair is trading along a sideways trend between support 1060 and resistance level 1076.A downtrend will start as soon as the pair drops below support level 1060...

In this morning’s 5 Day Forecast, Adam O’Dell, our Chief Investment Strategist, gave Boom & Bust subscribers a snapshot of what 2015 was like for stocks, bonds and commodities.The...

The already strained relationship between Saudi Arabia and Iran took a turn for the worse in the new year, after Saudi Arabia executed a Shi’a cleric, Nimr al-Nimr. Al-Nimr was arrested two...