Commodities Analysis & Opinion

Despite increased war tensions, gold failed to break above $2,000. What’s worse, rising USDX and interest rates were already lurking on the horizon.The precious metals just performed exactly as...

In this video, we show two breadth indicators that highlight gold stocks being overbought but nowhere near a top.Both indicators show two things: why overbought early in an initial bull move is a good...

Gold and silver prices should continue to consolidate in the near term. Gold faces resistance at $2000 and support at $1900 and $1880.Silver faces resistance at $26 and support at $24. These could be...

Oil prices got hit hard yesterday on hawkish comments by Fed Governor James Bullard and a subpar growth forecast from the IMF. Today the oil market is starting to recover on a very bullish American...

WTI crude oil traded lower yesterday, after it hit resistance at 109.55 on Monday, near the downside resistance line drawn from the high of Mar. 6.  Overall, although the black liquid remains...

Gold is falling fast, having lost about 3% to $1940 from Monday's peak. On Monday, the bulls are locally capitulating after an unsuccessful attempt to push the price above $2000.It would be a mistake...

Oil slips back, but upside risks remainAnother volatile day of trade in oil markets saw Brent and WTI falling around 5%. Lower growth forecasts and slower Chinese growth at the end of the first...

The corn market made new highs yesterday, hinging mainly on a slow start in the planting season, lower South American corn exports, and a reduction in corn exports from Ukraine with doubts of a market...

In just two weeks, gold bulls have stolen the narrative from the bears in a market that seemed, initially, stacked against them. The reversal has mostly to do with one word: Recession.Fears that an...

Gold Gold experienced a decent surge in prices last week. Yesterday, we saw the gold prices surging all the way to $1998 an ounce, only a few dollars shy of breaking into the $2,000 an ounce...

Broadly defined commodities posted the only gain for the major asset classes—again, based on set of proxy ETFs for last week’s shortened holiday trading schedule through Thursday, Apr....

Oil prices are trying to make up for missed trading action because of the Good Friday market closure. The Easter Sunday night reopened priced in some of the bullish headlines that it could not react...

Early in the week, oil is growing. Brent is currently trading at $112, but the bulls aren’t very active so far. A new wave of the US dollar strengthening is having a significant impact on the...

Before we look at the gold charts, there are a couple of things I would like to explain. First, you have to know what type of trader you are. There are three timeframes you need to be aware of.If you...