Commodities Analysis & Opinion

We're getting pretty close to the support zone for oil. Should be good for a bounce soon. Maybe even an intermediate cycle low.

Alasdair McLeod wrote an excellent article in which he said,“So if anyone asks you when you might take your profits in gold and silver, smile sweetly and just say, ‘When paper money stops...

FOMC Meet Begins Today Decision TomorrowGood Morning! The market has priced in a Fed interest-rate hike. And traders today are in a hurry up and wait mode of what the market will do when the decision...

Gold has posted slight gains on Tuesday, as the base metal trades at $1066.09 per ounce in the North American session. In economic news, US Core CPI posted a gain of 0.2% and CPI came in at 0.0%, as...

On Saturday, December 14, representatives from 193 UN member states and 2 observer states signed an agreement that will see a cooperative effort to limit the global temperature to 2 degrees above...

ShortedOil prices bounced back as record speculative shorts started to get nervous and wanted to protect recent profits. After plunging yesterday to the 2009 low, prices rebounded and closed higher....

Reduced crop acresUSDA has lowered its outlook for crop acres of all kinds of wheat in the US in 2016/17 and toughened the requirements to GM wheat control. Will the prices continue increasing?Since...

Gold traded negatively, as moving below 1062.00 is negative and that would make 1078.00 stronger.However, we can’t suggest any new positions due to the sensitivity of current levels. ADX shows...

The FOMC has been moving towards the beginning of a new tightening cycle for a considerable amount of time. Throughout this year Fed statements and the accompanying press conferences have been...

The week ahead is likely to be volatile for gold but the question remains as to what extent a potential US rate hike has already been priced in.Gold came under pressure early in the week as FOMC...

GoldMain scenario:The pair is trading along a sideways trend between support 1057 and resistance level 1080.An uptrend will start as soon as the pair rises above resistance level 1080, which will be...

Crude oil hit new multiyear lows last week after the Organization of Petroleum Exporting Countries’ meeting in Vienna last week failed to address a growing supply glut. Crude oil hits its...

Soybeans testing first resistance at 877 but above here much stronger resistance at 884/885 could hold a rally again today. A break above 887 however targets a selling opportunity at 894/895. Try...

Corn March first resistance at 378/379 then strong resistance at 381/382 and another selling opportunity. Shorts need stops above 384 with a break higher to target an excellent selling opportunity at...