Commodities Analysis & Opinion

Brent Crude held just above Tuesday's low of 108.55. Resistance at 109.70/75 did just hold a move higher but as stated yesterday, shorts need stops above 109.95 for a selling opportunity at 110.30/40,...

Gasoil giving the 100 day moving average support at 929/928 a good test but just holding on here. Immediate resistance at 933/34 did hold a move higher as expected but above here sees 937/938 for a...

Gasoil giving the 100 day moving average support at 929/928 a good test but just holding on here. Immediate resistance at 933/34 did hold a move higher as expected but above here sees 937/938 for a...

Hourly ChartNot much movement seen in Gold following Tuesday's sharp rally. Prices have been slowly trickling lower as expected as the bullish move wasn't supported by fundamentals nor adequately...

Hourly ChartUS Crude prices declined yesterday despite Department of Energy numbers showing the largest weekly inventory draw down of 2013. Not only is this number larger than the original...

Gold traded slightly higher early Thursday extending the upside movement above the new key support at $1,250 an ounce ahead of first-tier releases from the world`s largest economy. The bullion...

CLOil prices took fell on Wednesday after official U.S. data revealed gasoline and diesel inventories rose more than expected despite a drop in crude stockpiles. The U.S. Energy Information...

We noted yesterday that gold looked like it was trying to form a "double bottom" at $1211 and attempting to move higher - this turned out to be correct as gold surged through resistance at...

Gold on the daily chart has rebounded modestly back up to the key 1265 resistance area after having established a 5-month, double-tested low at 1211 late last week. Despite this rebound, the precious...

The value of gold has risen to a new three-week high, with the price of the precious metal boosted by a weak dollar.Gold's value had slipped by as much as 27 percent since March, but has seen a...

Oil prices are heading higher on the chart with the cash West Texas Intermediate (WTI) crude rallying back toward the $100 level after threatening to test $90.Steady economic signs in the United...

Gasoil held 100 day moving average support at 929/928 for the second day. Immediate resistance at 933/34 could hold a move higher but above here sees 937/938 for a selling opportunity with stops above...

Brent Crude rallied towards 110.50/60 as expected for our selling opportunity & a high for the day expected. We topped almost exactly here at 110.45 & collapsed through 109.30/20 towards...

While Major Western Governments Try Everything To Preserve Their Fiat Currencies, China Continues To Accumulate More Gold BullionIn spite of a string of strong economic data from the US, the dollar...