Commodities Analysis & Opinion

WTI Crude holding below 200 day moving average resistance at 4300/20 targets 4260/40. A break below here is a sell signal initially targeting last week’s low at 4160/45.There’s resistance...

On analysis of the movements of Natural Gas Futures, in different time frames, I find that if the level of $2.449 is not breached, Natural Gas Futures could test the level of $2.9 before this weekly...

Looking for pre-pandemic consumption as early as Q4 – Inventory data remains bullish The price of oil is sitting at just below $43 per barrel Technical factors point higher, and so does the...

One of the functions of the US dollar's status as the global reserve currency is that we quote the value of a variety of financial assets in USD. But like other assets, the greenback's value isn't...

The Gold Futures contract gained 0.19% on Monday, as it remained close to short-term highs. The market bounced off following the recent decline after Thursday's Fed Chair Powell speech. Gold...

XAU/USD traded higher on Tuesday, breaking above last Thursday’s high, near the 1975 level. Overall, the precious metal continues to trade above the upside support line drawn from the low of...

The Fed is adopting a new strategy that opens the door for higher inflationThe change is fundamentally positive for gold prices. So, it happened! In line with market expectations, the Fed has changed...

Gold through resistance at 1970/75 as predicted this time. We wrote: be ready to buy a break above a break above 1980 targeting 1990 and 1996/98. We are on the way to these targets this...

Palladium is back, moving surreptitiously from the COVID-19 lows of March, in a smooth rally with few stops that has added a whopping $1,000 to futures of the autocatalyst metal.While gold futures...

The precious metals sector is correcting and consolidating as predicted, although some parts have been buoyant in recent days. Silver is one of those parts.The immediate question is whether a new leg...

A technical breakout: The November 2019 high is now the target A hurricane causes another push higher Inventories are a problem for natural gas, but the Buffett factor has been influential for the...

This article was written exclusively for Investing.com Lumber rises to a new record high Copper probes beyond $3 per pound Inflationary pressures already brewing in the commodities market Interest...

Will gold get back to $2,000 an ounce this week? And, if it does, could it stay there?Two sets of U.S. jobs data due this week might help determine what's next for the yellow metal. The first is...

Oil rises on promising Chinese data Oil prices are rising on Monday, up more than 1% early in the European session. The Chinese PMI data overnight is giving crude prices a nice lift, with the services...