Commodities Analysis & Opinion

Gold made a new low earlier, so now we have five waves down from 1392. We know that five wave pattern show direction or a change in trend. In our case it suggests that GOLD has found a temporary top...

2014 has been kind to Gold, as it's up over 13% in less than 90 days. What has this rally proven when it comes to the big picture for Gold? The above chart reflects that in the past 9-months, gold...

Gold found resistance at the 65 week moving average yesterday, exactly where we advised our subscribers that gold would reverse. After touching $1391, gold fell over $30 as profit taking came in, with...

3 month forward copper prices at LME traded marginally higher on Monday and settled at $6480 up by $11 from its previous close. In the similar lines copper prices at Shanghai, COMEX and MCX traded...

3 month forward Zinc prices at LME traded down by $16 on Monday and settled at $1966. Although Zinc stocks declined on Monday but believe that bearish bets on zinc that expire in two days on the...

West Texas Intermediate Crude stood near its lowest level in more than three weeks early Tuesday, following yesterday's selloff triggered by controversial vote that annexes Crimea to Russia.The oil...

Gold prices are reversing nicely to the downside after recent move up to 1380-1400 Fibonacci resistance area where we see a completed wave v). An reversal from the high is looking sharp so we suspect...

Talking PointsGold retreats to $1,360 as traders look past Ukrainian turmoil Crude oil dips as supply disruptions appear less likely Precious metals reaction to US CPI data may be muted with FOMC in...

MCX Gold April as seen in the weekly chart above has opened the week at 30,063 levels and during this week price rallied sharply higher towards 30,737 levels, and able to closed 1.54% higher. During...

With the recent market turmoil regarding the Ukraine, and market reactions to US weakness, it's easy to forget about the rest of the world and what the markets are actually doing. Gold is still...

Gasoil April unexpectedly collapsed again to reach 885. Although severely oversold short term and on the daily chart there is a risk we continue lower today to good support at 882/881. This is our...

Natural Gas hit our upper target and resistance at 4580/90 and topped exactly here. We are a little overbought short term so the 4550 could hold the topside today and prices could turn lower to...

Brent Crude May contract fell further than expected to test 21 month trend line support at 106.15/10. Prices are severely oversold and could bottom now after a near 600 point sell of this month. Today...

WTI Crude headed lower as predicted to keep the March bear trend in play, targeting 100 day moving average support at 9735/30 for a buying opportunity. We bottomed exactly here at 9737 and there is a...