Commodities Analysis & Opinion

Crude oil suffered an aggressive fall yesterday, and if we include the decline that was seen in the post NY noon trading session, the slide in prices from peak to trough within the past 24 hour period...

Gold held immediate support at 1332 perfectly and is unexpectedly beating strong Fibonacci resistance at 1337/38. A breakabove 1343 is seen as positive and could then target 1346/47 and 1353/55.Good...

Natural Gas we warned of a good chance that prices would top out at strong resistance of 6400 after a strong 2 week rally.Yesterday we hit our target of 4950/4900 and ran as far as 4788. We are...

Gasoil dived to 100 day moving average support at 925/24. This is important today of course and we are oversold short term, so still a chance of a bounce from here. A break below 923 however keeps the...

Brent Crude held 110.70/80 as expected and headed lower to support at 109.60/50, but over night we have continued lower and looked likely to test good support at 108.90/80. A low for the day could be...

Gold has been rocketing higher on the back of economic worries and as the precious metals sector comes back into vogue. The question on peoples' minds is how much higher can it go. I certainly believe...

Gold has extended it's gains well above the 1300 mark in the last few weeks from the 1251, triangle low. Notice that we have adjusted the wave count, but actually the massege is the same. We see a...

CLYesterday, West Texas Intermediate crude fell the most in three weeks on projections that U.S. supplies rose and concern that the weakening Chinese Yuan will hurt growth in the second-biggest...

Gold is currently on track for its most bullish month in 2 years. Gold bugs will no doubt be wondering if we have indeed seen 'that bottom' they have been seeking since the $1921 highs, back in...

Silver broke up through 20.60 resistance with gusto following several weeks of choppy and sideways trading. Taking into consideration recent bullish momentum, I favour another leg higher to 23 once...

I have been writing about copper. I have been studying the price of copper. Everyone knows that copper has been a barometer of the world economy for many years. Why? Almost everything we use involves...

Paul Renken, senior geologist and analyst with VSA Capital, calls 2014 a soft year for gold and silver prices, but foresees stronger prices—and demand—for nickel, copper and tech metals as...

Gold extended to yet another four-month high on the heels of more disappointing U.S. data. The yellow metal probed above 1340.00 as stocks came under pressure, and despite a modesty firmer dollar.The...

Talking Points Copper continues steep declines and is eyeing support at $3.175 Gold and silver give back recent gains at key resistance levels Upcoming US Data to test risk appetite’s resolve...