Commodities Analysis & Opinion

The natural gas chart is giving longs a glimmer of hope that the bear market may reverse, but this requires price to exceed $7 for a nice rounding bottom formation to be completed. Original Post

Oil prices are paring recent gains for the second day as the IMF and World Bank warn of an increased risk of a global recession. Those warnings won’t come as an enormous surprise given the...

Crude Oil is touching the lowest Fib resistance of the summer bear market, as the August highs and resistance ($97-$102) may be coming up next. Original Post

Gold bugs will need to push gold out of the trend channel (around $1,740 now) in order to make the first step toward a major trend reversal. Until then, shorts are keeping the upper hand with the...

Dollar Index could revisit 114 to 114.75 range Break below $1,660 looks vulnerable for spot gold Immediate downside at $1,650-$1,640, could extend to $1,630 and $1,616 But short-term range has...

Although precious metals have rebounded, some consternation remains that they could be headed much lower before a major bottom.However, when one considers the fundamental backdrop, one will realize...

The current situation of gold and its behavior in 2013 share many bearish analogies. Is the yellow metal only halfway through its massive collapse?A Decade AgoAfter we posted last week’s gold...

On Monday, Oct. 10, the commodity market responded to the external background. Brent fell towards $96.95.In the meantime, the oil sector offers an ideal situation for bulls. On one hand, OPEC+ agreed...

OPEC+, a group of 24 OPEC and non-OPEC oil producers, announced sharp output cuts Wednesday in a bid to facilitate the recovery of crude prices. The move comes despite calls from Washington to raise...

Natural Gas Futures on the Nymex had a volatile week before closing flat on Friday at $6.74. EIA confirmed on Thursday another bearish build of 129 Bcf in working underground stocks for the week ended...

Gold garnered a +2.0% net gain for the week in scrabbling back over 1700 to settle yesterday (Friday) at 1702. Indeed intra-week from low-to-high, Gold gained as much as +4.3% for the first two days,...

Silver had - and missed - a great opportunity to confirm a rounding bottom on the daily by breaking out above $21. Original Post

There is a lot of talk about being behind the curve! The market continues the lament how far the Federal Reserve fell behind the curve. The bigger issue is that U.S. oil and gas production has fallen...

U.S. natural gas prices rose by more than 3% early on Thursday Demand across the US is expected to rise in the coming days The benchmark U.S. natural gas prices rose by more than 3% early on Thursday...