Commodities Analysis & Opinion

OPEC+ nerves weigh on oilOil prices continued to fade yesterday, as markets that were already heavily long weighed up the implications of the apparent higher baseline production levels for the UAE....

Long Term Trend                          BullishIntermediate Term Trend              BullishShort...

Oil prices initially dipped then flipped on a report that the UAE and Saudi Arabia had reached a compromise to raise oil production. When the headline broke, the market initially took it as bearish...

Oil is losing for a second consecutive day on fears of oil supply expansion from both OPEC+ and the US.   Despite some contradictory reports, there is still a growing chance that the UAE will...

Copper prices are consolidating between $9250 - $9550 from the last several trading session after a sharp decline from the recent high of $10746 registered on May 10 to $9013.25 registered on June 21....

The CPI surged 5.4% in June, but Fed Chair Jerome Powell still sees inflation as transitory. For now, gold has risen under the dovish Fed’s wing amid higher inflation.Did you think that 5% was...

OPEC+ sends oil lowerReports are emerging that Saudi Arabia and the UAE have reached an agreement on their dispute, with the UAE apparently securing a higher production baseline. That followed...

After a 2-½ year high, natural gas prices seem to be in consolidation mode as a moderation in summer heat indicates less cooling demand in the coming weeks.Front-month gas futures on the New...

Oil prices fell yesterday following the resolution between the United Arab Emirates (UAE) and Saudi Arabia. A successful execution of the deal would mean a rise in the supply of oil in coming months...

Awww, c’mon, gold, you can do better! You’ve probably guessed I’m a long-term gold bull by now. But, jeez, that price gap is a killer. Just look at what happened this morning.We came...

Jordan Roy-Byrne, Founder of The Daily Gold joins me for a look at the short term charts for gold and silver. We also compare the gold stocks, which really haven't moved, to the slow rise in gold. As...

A 15-month rally has taken copper futures to an interesting price area. Traders who pay attention to Elliott wave patterns may wish to begin monitoring copper during the remainder of the year with the...

The news hitting the market is clouding the precious metals outlook – higher U.S. Treasuries and a hawkish Fed are turning into a dangerous concoction.Running Out Of Excuses With...

Well, it’s hard to believe, but gold is actually catching a bid! That was sort of the easy part, though. It needs to hack through all this junk and get above 1920 to really set up for smooth...