Commodities Analysis & Opinion

Over the last week, movements in natural gas futures indicate a win-win situation for the bulls. They managed to recapture in three sessions the territory that had been lost between February 15th and...

Enough is enough. No market can decline without correcting every now and then. And both gold and the US dollar index point to an upcoming reversal.Let’s start with gold.Is It Over?Looking at its...

The Energy Information Administration (EIA) reported yesterday that US commercial crude oil inventories increased by 7.6 million barrels last week, give or take 15 million barrels or so. For the...

Sugar in the red for Feb after rallying from end-Sept through Jan Sweetener gained 22% in four months; now Feb slide less than 1% Some analysts say output is building, and this could weigh on sugar...

Gold’s winter rebound thwarted a 2013-like scenario. However, the sharp February selloff and nasty monthly candles reflect no bull market yet. The yellow metal is stuck but remains in a...

Gold prices edged lower for the third day in a row on Thursday, with the spot XAU/USD touching its lowest year-to-date level below $1,830 despite the pullback seen in U.S. bond yields.  At the...

Crude Oil WTI is down 8% since last Monday, when Biden's administration said it is selling 26 million of barrels from their reserves.  Its the opposite from last November when they noted that...

China’s reopening from the zero-COVID policy has traders waiting to see the country’s oil demand surge The Asian country increased purchases of Russian oil, anticipating domestic...

Soon-to-expire March gas hits $1.967 after frenzy over break of $2 support  Next question is what will April gas do after Wednesday’s positive close Both weather and technicals look mixed...

Here's a quick video of my thoughts on gold and key levels to watch for tactical trade ideas on the precious metal.

May 2023 corn futures further firmed rather solid support near the $6.75 area, while overhead resistance is near the $6.85 price point. But is it going to be this kind of dull range trading for...

Glacial consolidationOil markets are continuing to consolidate, albeit at a glacial pace, and today we’re seeing prices creep higher just as they near the lows from earlier this month. While...

Since I wrote my last piece on Monday, Gold futures experienced selling pressure, as the Federal Reserve's efforts to fight inflation with interest rate hikes may continue for a longer period. On...