Commodities Analysis & Opinion

Oil testing multi-month highsOil prices staged another strong move higher overnight, propelled by the AstraZeneca (NASDAQ:AZN) vaccine news, impressive US PMI data, and the expectation that OPEC+ will...

It’s incredible, the difference between one Monday and another.Yet, that’s exactly what we are seeing in the gold market. The yellow metal fell into an abyss two weeks ago, then held its...

Gold prices crashed – I hope you managed to sell the break lower. We have hit 1821 overnight. We are oversold short term so a bounce from here is possible but without a buy signal longs are too...

WTI Crude beats 4325/35 for a move towards the continuation chart high of this years at 4365/78. Further gains retest the January contract September high at 4400/15. A break higher retests important...

Since late July, I have deemed the gold and silver stocks as a hold and not a buy. The risk of a correction was high, and logic and history argued it would last for at least a few...

The problem bulls have with gold is that the XAU/USD spot gold market was holding the 1850 support well, until today. Today, we closed basically at the 38% retracement of the 2020 lows to 2020 highs....

The bearish case: Risk-off, gridlock and seasonality The bullish case: Vaccines, stimulus, a shift in U.S. production policy, and the Middle East A false break lower: A return to the midpoint. A...

On the Hurricane Front a Disturbance did pop up over the western Atlantic, generally between Bermuda and the Bahamas. It could briefly acquire subtropical characteristics while it moves...

Crude oil bulls are quite confident in the future and that’s what helped Brent to rise. The asset is trading at $45.16. Market players are obviously having a positive and friendly attitude...

This article was written exclusively for Investing.comCrude oil returns to $40 per barrel pivot point; XLE makes a comeback Natural gas tumbles going into peak demand season Runoff election in Georgia...

Broadly defined commodities rose for a third straight week for trading through Friday’s close (Nov. 20), posting the best gain for the major asset classes, based on a set of exchange traded...

Oil continues to rise on consumption hopesOil shrugged off the profit-taking seen in other asset classes on Friday and continued to consolidate at the top of its November ranges. Hopes that vaccines...

WTI Crude strong support at 4190/70 but below 4150 risks a slide to minor support at 4120/00. A break lower targets 4040/30 then a buying opportunity at 3985/55, with stops below 3930Longs at 4190/70...

Gold try shorts at 1875/78 with stops above 1881. A break above here is a buy signal targeting 1888 & selling opportunity at 1892/95. Shorts need stops above 1898. A break higher is a buy signal...