Commodities Analysis & Opinion

Just yesterday, we considered the probability that gold would move to $1,900 this week to be less than 40%. Now, however, as silver has not recorded any better results and the strength of PM is...

Inflation expectations reached a record high. Is gold preparing a counterattack to punish gold bears?In a classic Monty Python sketch, nobody expects the Spanish inquisition. In the current...

What is it, Thanksgiving already? Oil prices plunged in what seemed like a holiday-like sell off. Oil prices fell below support as reports that China says that a release from its oil reserve is...

WTI oil futures have logged a minor correction from the fresh 7-year high levels, dipping slightly beneath the 50-day simple moving average (SMA) at 78.38, and nearing the Ichimoku cloud. That said,...

The latest CFTC COT institutional positioning report shows that oil traders increased their net longs last week by a further 2,000 contracts. This latest increase takes the total long position back up...

There is a growing divide between the oil market forecasts coming from financial institutions and those coming from organizations and agencies involved in assessing the industry. OPEC, the IEA, and...

China and US discuss release of oil reservesA potential coordinated effort between the world’s two largest economies to release crude reserves sent oil prices lower. The Biden administration...

If the dollar goes through a corrective downswing, it’s more bullish for gold? Not if a decline in the euro caused gold to rise in the first place.Another day, another new yearly high for the...

On Tuesday, the natural gas futures found a strong reversal after testing the day's low at $4.715 before testing a high at $5.393. This shows the presence of value-seeking buyers below $4.726....

The Biden administration has many issues, and an incoherent energy policy is just one of them. Oil prices now are weighing the possibility that the Biden administration will try to release oil from...

Gold hasn’t provided much protection against spiraling inflation this year, but things are finally changing. With traders looking for inflation hedges, rising geopolitical tensions, and...

Gold Spot shorts at strong resistance at 1868/72 worked again as we held below 1877. Yesterday's bearish engulfing candle is a sell signal.Silver shorts at resistance at the 200 day moving average at...

Timing a market entry is never easy; whether catching the lows for a buy or highs for a sell. Often, one could be late to the party, going long when there’s more downside to explore or...

By Charles KennedyResearch firm HFI noted that the latest 10-15-day weather forecast is colder than usual weather. Last week, the Energy Information Administration (EIA) said it expected average...