Commodities Analysis & Opinion

The evidence argues that the cyclical bear market in precious metals is likely over.We will only know for certain once prices are much higher. Such is the reality of markets. Therefore we need to rely...

Crude oil with some scary acrobatics on the hourly chart support. Original Post

OilYesterday’s bullish triggers for oil prices were quickly undone today. Oil prices declined after flows from the Druzhba pipeline resumed, and preliminary analysis of the missile that killed...

Oil prices are softer on Wednesday after a brief bout of volatility late Tuesday following reports of missile strikes in Poland. That unsurprisingly jolted financial markets, sending oil prices higher...

World leaders boldly came up with a plan not to take any responsibility for the economic hardships the world is going to face. When in doubt, just blame it on Ukraine. The Wall Street Journal reported...

Silver is testing the $22 per ounce mark today and crossed it briefly yesterday. Although gold marks the fifth consecutive session of back-to-back gains, silver may have been one step ahead in this...

Silver outperformed gold, but its strength may mean something other than a promise of further rallies. Is corrective upswing coming to an end?Very little changed on the markets yesterday. There are a...

Crude oil prices remain volatile as energy traders digest another round of economic data that supports the idea that the Fed could still deliver a soft landing and as stockpiles remain near 18-year...

Last evening’s late rally Crude Oil avoided the daily head and shoulders formation. However, there are no convincing signs of bullishness at this stage. A weak USD did not help CL...

A confluence of resistance levels on the daily chart poses the next challenge to silver. Original Post

The oil market seems out of whack – with other risk assets as well with the bullish underlying fundamentals. One reason given for the dramatic fall in oil prices yesterday is the fact that...

Most of the commodities complex came under pressure yesterday. Although nickel was one of the exceptions, hitting its daily limit of 15% after reports of a blast at a nickel pig iron plant in...

Nickel up more than 30% for November Other industrial metals in the negative for the year Nickel has broken above $30,000/tonne but could face resistance at $32,900 China’s apparent easing of...

Oil prices are basically flat on Tuesday, sitting a little below the middle of their recent trading ranges as traders continue to weigh up the global economic outlook, OPEC+ production risks, and...