Commodities Analysis & Opinion

US West Texas Intermediate crude oil futures are trading lower on Monday, putting the market in a position to form a potentially bearish closing price reversal top, which could trigger the start of a...

Gold is currently trading near $1886, which is sharply lower than last week’s high of $1919.20 registered on June 1. Marginal recovery in the dollar index from last week’s low of 89.65 is...

Crude oil prices corrected marginally from a recent top of $70 and holding near $69.28 meanwhile Brent oil prices also corrected after registering the highest level of $72.04 in the last two years....

Traders in gold are expected to struggle for direction this week amid the typical Federal Reserve information blackout ahead of its monthly meeting, while those in oil could be pacing a little...

Per last week's piece, you know that gold settled the month of May at 1904. We next see it settling this month of June nearer to 1800."Well that's a pretty loosey-goosey statement there,...

Sometimes, minor developments are left unnoticed while a natural gas trader goes through a busy schedule in digging out immense details about the underground stock position, weather conditions, and...

We know the employment report is going to be good today as President Biden has already scheduled a press conference to take credit for it. That of course is his right as President, but should he...

Gold spot we warned: the bearish engulfing candle on Tuesday perhaps signals the formation of the next bull flag in severely overbought conditions…outlook turns neutral after the negative...

Rising lumber prices have been a major source of inflation concerns. It’s one thing when the price of lumber doubles, and a whole other thing when it goes up five-fold! Yep, that’s right....

Iran keeps having problems with fires! Perhaps the U.S. should send Smokey Bear over to Iran because it appears they have major issues preventing fires and if these fires continue to break out it will...

Gold is fluctuating around $1,900 amid a sideways trend in real interest rates and a decline in inflationary expectations.Gold surpassed $1,900 at the end of May. However, it has been struggling since...

Since last Thursday, natural gas futures have been still sustaining above $3, a psychological support level; could boost the activeness of bulls if the weekly injection finds a sudden decrease from...

WTI oil futures have stretched to a 31½-month high of 69.38 after closing successfully above the 68.00 level, and are now quickly approaching a fortified buffer zone shaped between the 70.00...

The price of Brent saw a welcome jump up above $70 per barrel this week, just in time for the OPEC+ meetings. There was probably no one happier to see these higher prices this week than the Russian...