Commodities Analysis & Opinion

Let’s start today’s analysis with a very short-term chart (hourly candlesticks) featuring the VanEck Junior Gold Miners ETF (NYSE:GDXJ) – a proxy for junior mining stocks. These...

Chicago Mercantile Exchange, CME, live cattle futures further firmed during this Spring-welcoming week, with the front-month contract hitting its highest in more than 8 years as tight supplies...

U.S. Congress considering two pieces of legislation to limit oil exports to China The first bill would bar oil released from the Strategic Petroleum Reserve (SPR) from being sold to China The second...

Distinct mood shift has traders wondering how quickly gas could return to $3 Despite cold forecast for March, bloated storage could hold back a big rally Benchmark April gas’ first test would...

We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically intact with the Gold/Copper ratio trending down since last summer. What’s more, the global market rally has...

On March 1st, the movement of gold and natural gas futures appear to have behaved similarly on a 15-minute chart since they both tested their lows on February 28th. However, they seem poised to take...

PMIs a big positive for oilIt’s not just equities lifted by Chinese PMIs, oil is also rallying today on the prospect of a stronger Chinese recovery and resilient global demand. While this was...

Higher for longer hurts precious metals in the near term as the market discounts tighter policy and higher real rates. However, higher for longer could bring rate cuts and policy easing much sooner...

It’s usually impossible to tell exactly why a given market is going to move in a certain direction. It can rally based on all sorts of reasons, but all those reasons (news, reports,...

Gold continues to test the bottom and today fell back below $1810. Since the beginning of February, the dynamics suggest an almost perfect reversal of the uptrend, where the initial sharp pullback on...

After rallying Sept. to Dec., silver lost 13% in Feb. in worst month since 2020 Charts suggest a break below key $20 support next, stopping at $18.80 The dollar’s resurgence could complicate...

Orange Juice Futures are up 30% on the lower production around $253.50 for cash settlements and $273.50 for March futures (OJH23 (Mar '23)), reconfirming its bull run set up more than a week ago....

Choppy trade ahead?Oil prices remain very choppy, with gains today largely offsetting losses at the start of the week. We may have to wait for more hard-hitting economic data next week before we see...

Since my Feb. 23 piece, natural gas futures have continued to maintain an uptrend amid supportive weather in favor of bulls, despite heavy selling pressure.Reasons behind this reversal in natural gas...