Commodities Analysis & Opinion

Brent Crude held by resistance at 106.45/65 & broke 105.20/13 for a move towards our target of 104.70/60. Here we meet our next good buying opportunity & bottomed almost exactly here at...

Federal government approves NechalachoAvalon Rare Metals Inc, (AVL) has announced it received federal government approval for its report of environmental assessment for its flagship heavy rare earth...

The monthly Raw Steels MMI® held steady at 82, remaining flat for the fourth month in a row. Most economic trends have held fairly steady since the previous month. Manufacturing data didn’t...

It would seem that the Chinese aren’t the only ones buying physical gold. A recent article of ours covered the rise in demand from China, suggesting China could become a larger consumer than...

“MMG Ltd expects copper prices to hold around current levels in the medium term, with the market supported by solid growth in demand and new mines ramping up more slowly than projected,”...

Crude prices rallied higher yesterday following the latest crude inventory data from US Department of Energy. DOE numbers showed an increase of 1.6 million barrels for week ending November 1, slightly...

Crude oil slipped below the $95.00 a barrel level after rising the most in five weeks yesterday as US demand for gasoline increased by the fastest rate since July. However, the rising caution ahead of...

CLCrude rebounded from the lowest level in five months before a report that may show U.S. fuel supplies shrank. Price declines the past week are probably excessive, according to a technical indicator....

Continued fiscal stimulus, high debt levels and loss of confidence in governments will lead to the return of big inflation and a consequent big run-up in precious and other metals, says Leonard...

Soybeans January hovering between strong resistance at 1262/63 and good support at 1247/45, being oversold on the daily chart. Immediate resistance at 1262/63 which could hold a move higher again...

Gasoil shot higher as expected to our target of 908/909 and topped almost exactly here. However we have tumbled back to support at 900/898 for another buying opportunity with stops below 896. A break...

Gold trading sideways from support at 1306 up to resistance at 1319/21. We can trade these levels again while we wait for a breakout. A break below 1304 today keeps the market under pressure for a...

From a technical view, the ETF is shaping a tentative reverse Head and Shoulders pattern which is a bullish development. Regarding technical indicators, the daily RSI is reversing up from a key...

The price of gold means that there is no reason to currently buy shares in mining companies, according to a market strategist. Chris Gaffney, a senior market strategist for EverBank Financial Corp,...