Commodities Analysis & Opinion

The biggest options position of my life is all about SPDR® S&P Metals and Mining ETF (NYSE:XME). This beast moves slowly, so my puts are way, way out in January and March of next year. But...

At the end of last week, it was still Groundhog Day in the crude oil futures market as the price was sitting at around the $40 per barrel level on the nearby NYMEX futures contract. Groundhog Day was...

On the Hurricane Front Disturbance 1 a trough of low pressure has formed over the western Caribbean Sea and extends northward across western Cuba. As of Mondays, update at !;00 P.M. CST the storm...

OPEC+ says it will do what is necessary to balance the global oil market but stopped short of making any firm commitments to extending production cuts. Still, they say they will be proactive and are...

The IMF’s economic outlook for 2020 is less grim, but the more distant future is more worrisome. Therefore, the precious metals index is expected to rise.October’s edition of the...

I know, gold feels like it’s going nowhere in a hurry.I mean, it’s still at the same price it was three months ago in late July.  And you’re asking yourself, “Will it ever...

Gold, mining stocks, and the USD Index have not been doing much recently. However, yesterday, this “inactivity” took quite a decisive shape, and unfortunately, things are not looking good...

Gold 1 month trend line support at 1898/96 today. Longs need stops below 1893. A break lower tests last week’s low at 1883/82. Be ready to sell a break below to test October’s low &...

With two weeks to the U.S. presidential election, some traders may have chosen wisely not to bet big— and some, not to bet at all. Both stances are understandable given the uncertainty of the...

The daily chart for oil is a textbook example of Wyckoff’s second law as the commodity continues to trade in congestion and is exactly where I have been forecasting it would be for several...

As I’ve said many times before, the longer-term outlook for gold remains bullish, but the road back is proving to be a long and hard one, with several major obstacles in the way on the daily...

This article was written exclusively for Investing.com. Soybeans rise above technical resistance level Corn approaches $4 Wheat moves to a six-year high Elevated grains prices translate to higher meat...

Oil prices have been in a stalemate between the bulls and bears, with fleeting victories on either side of the equation.Global oil supplies have been tightening but fears of a worldwide second wave of...

Gold holding below 1899 tests 1-month trend line support at 1890. A break lower tests last week’s low at 1883/82. Be ready to sell a break below to test October’s low and 100-day moving...