Commodities Analysis & Opinion

Gold reversed yesterday and has come within striking distance of our 1236 target reaching 1238 overnight. Now we have good support down here, but the daily charts are beginning to turn lower. I think...

China's recent halting of flake graphite production in Pingdu, Shandong, made headlines, and has many investors wondering how supply may shift. Simon Moores, manager of Industrial Minerals Data, tells...

Gold found resistance yesterday at the long term down trend line near $1255 and fell back to trade around $1240 by the close. Equities recovered from the recent sell off and the dollar climbed...

As we can see on the daily chart for gold, prices are having trouble breaking above the 1,254 level where very close to it we see the 55 EMA (purple line) acting as a strong resistance as well. If we...

Gold remains firm, underpinned by a softer dollar and lower Treasury rates in the wake of the recent disappointing jobs data. After three consecutive daily gains — and closes above the 50-day...

The gold price rose to a one-month high yesterday, touching $1,257/oz, its highest since December 12. Should it continue to rise today it would make it a fourth day of gains, the longest rally seen...

WTI declined yesterday due to risk aversion flow. Prices fell further after Iran agreed to rein in its nuclear program starting 20th Jan in exchange for the easing of sanctions. With global oil...

CL Oil prices fell on Monday in reaction to weekend reports that Iran agreed on a multilateral plan that would curb Tehran's nuclear ambitions in a deal that could end sanctions on the Middle East...

Crude oil advanced on Tuesday after falling to as low as $91.40 the previous day. Yet prices are steady around the $92.00 a dollar level as downside pressures persist amid speculation US fuel...

Gold took a breather around $1250 early Tuesday, after Friday's employment report sparked shortly-lived rally taking the metal to the highest in nearly five weeks. The broad outlook of the bullion...

Gold (daily chart) has rebounded from the double-bottom low that was initiated in June 2013 at 1180 and then retested toward the very end of 2013 at 1178, which establish more than a three-year low....

SUMMARY: - 20.50 is a pivotal area to watch - Upward break opens up 23.00 - If this level holds then next target is 18.13 swing low - Decliing volume favours upside breakout, along with Gold and...

The chart above reflected what looks to be a Power of the Pattern opportunity at hand. The 2 charts above are both "monthly closing charts." The chart on the left is the Gold/Silver Index (XAUO and...