Commodities Analysis & Opinion

Gold severely overbought on daily chart and headed below 1326/27 as expected. This also acted nicely as resistance in the afternoon. We held the 1313 support yesterday but as we break 2 week trend...

`Natural Gas continued higher as expected as we reach for the recent January/February highs at 5725-5737. Overbought short term so a good chance of a high for the day here. However be ready to go with...

Brent Crude beat Wednesday's high at 109.50 and rocketed a lot further than expected to reach 110.70. We are just hitting 6 month trend line resistance at 110.80/90 so this is our main obstacle and...

BHP Billiton Ltd, (BHP) has. “topped market forecasts with a 31 percent rise in first-half profit on Tuesday and hinted it may launch a share buyback in August, despite giving a cautious...

Aluminum supply shortfalls have been most marked in the US, which is where the largest physical premiums have manifested themselves, followed by Europe and Japan. So here comes the bit you are all...

Another strong day for commodities with the DJ-UBS commodity index currently up by more than one percent and with half the month gone it is currently on track to record its best monthly performance in...

Payback time? Fallback plan? Money in the bank? What would you ask the CEO of a company you were considering investing in? In advance of the Prospectors and Developers Association of Canada convention...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular is up seven cents an Premium six cents. That's the biggest...

As expected the gold price has pulled back a little, for some this is because speculators believe the Fed will hold its tapering programme, however for others it is due to a slow-down in physical...

Gold corrected in overseas trading on Tuesday, weighed by a modestly firmer dollar and an overbought condition that had developed recently. However, the uptick in the greenback was short-lived and the...

MetalMiner jumped on Ford’s all-aluminum F150 coverage early with specific angles for buyers (check out What US Steel Industry Thinks Of Ford Motor’s Aluminum F-150 and Why Alcoa Inc,...

Gold prices surged last week, smashing through several key resistance levels including the psychologically important $1300 an ounce level. Gold prices continued to advance last Friday for an eighth...

Gold is off to a nice start in 2014, after losing a third of its value over the past 16 months. The rally of late could well be forming a bullish cup and handle pattern. If this pattern read is...

The Relative Strength Index (RSI) is a technical-momentum indicator which attempts to determine when a market is in an overbought or oversold condition. It is deemed to be overbought when above 70 and...