Commodities Analysis & Opinion

Gold is down nearly $100/ounce in the last two weeks but appears to be finding support at the same level that supported futures in mid-October. This has dragged December prices to oversold levels. It...

A new low for Silver in the last 24 hours changes the situation. Yesterday’s alternate wave count for Silver was confirmed, and so I expect Gold should follow.I am swapping the main and...

On Monday Thomson Reuters GFMS released its latest report on the silver market. We take a look at it and assess what it means for the silver price.There are several factors, some positive and others...

“Copper prices will not suffer significantly from a moderate global surplus next year, the chief executive officer of the world’s No.-1 producer of the metal told Reuters on Tuesday,"...

S&P Futures S&P Futures reversed nicely higher on Friday from 1737 where we see a completed wave (c), third leg of a decline from 1773 which was an expanded flat formation. As such, we think...

Crude: Yeah, so much for all my talk about a bullish sentiment. What I think is happening here is a lack of interest into the commodity (fees?). We all like to trade volatility, but volume plays a...

Yesterday gold prices closed at their lowest level since early October as speculators continued to worry about tapering and Yellen’s testimony tomorrow.In contrast the platinum price made gains...

Precious metals are back on taper-watch which has put prices under pressure once again, while platinum group metals (PGMs) have done better, both in relative but also absolute terms. Over the past...

Gold is now paying the price for the weakness in the end of October when buyers failed to break the Upper Line of the triangle, being that it is at the same time the long-term bearish trendline....

Yesterday as expected we tested the low and made a new low of 92.86, leaving a bear triangle formation on the hourly chart. This would mean we should have a measured move to the downside of firstly...

Hourly ChartWTI prices hit a new 5 month low yesterday after speculators drove the USD higher, in the belief that the Fed will taper its current QE program in December. However, this new low is only...

Despite the slight recovery seen on Wednesday, crude remains near the lowest in five months around the $93.00 level, as the mixed signals sent by the US Federal Reserve officials weighed on sentiment...

Gold prices ticked higher early Wednesday from a four-week low hit yesterday as the dollar eased following a rally driven by speculation the Federal Reserve will soon start tapering its stimulus...

CLCrude oil fell to a five-month low, on estimates that U.S. inventories rose last week to the most since June. U.S. crude stockpiles probably climbed by 800,000 to 386.2 million in the week ended...