Commodities Analysis & Opinion

Oil’s upward momentum continues to fadeWith the US dollar going nowhere overnight, oil markets continued to focus on the upcoming OPEC+ production increases, starting in May, and India’s...

This oil market is different from anything traders have experienced before, in part because the stabilizing forces and traditional indicators have been turned on their heads.Here is a look at what...

The US cold season is overstaying its welcome and no one is more impatient to see its end than natural gas bears.Since mid-March, chilly winds have been the staple in the US Northeast to Midwest...

Maybe precious metals have a chance. Gold is managing to push its way into the overhead supply zone. Plus VanEck Vectors Gold Miners ETF (NYSE:GDX) has clearly managed to conquer its descending...

Just as oil looked poised to break out and run Covid 19 realities sunk in as demand fears started to raise their ugly head. A surge in cases in India and an announcement that Prime Minister Modi was...

If gold’s recent rally is just a correction within a larger medium-term downswing, and the 2018 pattern repeats, this could mean the final plunge.Gold continues to move just like it did at the...

Oil Meets COVID-19 NervesOil prices retreated overnight as last week’s impressive rally continues to run into long-covering headwinds and falling momentum. Brent crude fell 1.20% to USD66.30 a...

Gold spot bottomed exactly at best support at 1764/61. Longs worked perfectly on the 20 point bounce to 1784.Silver spot still holding the next target of 2610/20 as we trade sideways all through...

The global oil market has come a long way since oil prices plunged a year ago into negative territory. Now a year later the strength of the market is a reminder of how low prices can cure low prices...

Even though gold “could have, would have, should have” rallied given the USD’s decline, it ended yesterday’s (Apr. 19) session lower. Why? Because it wants to slide.The decline...

Several economic indicators have surprised us on the positive side. Nevertheless, the price of gold has rebounded.Finally! The price of gold has been rising recently. As the chart below shows, the...

The fundamentals for silver have never been stronger. The double edged sword of the white metal with its industrial and investment appeal should lead to higher prices in the very near future.  ...

Natural gas prices bounced from the recent low of $2.453 registered on Apr. 6th and now stand at $2.736 on the backdrop of strong export demand and dipping temperatures in the US which has...

LME nickel prices currently trading near $16,222 per mt which is sharply lower from the recent high of $20,107 registered on Feb.22 but still marginally up from the recent low of $15,670 registered on...