Commodities Analysis & Opinion

WTI Crude September Future tests important 200 day moving average resistance at 4340/50. Obviously this is key to direction as we reverse from 4378, unable to hold above the previous again high of...

Gold Spot in a volatile sideways consolidation exactly as predicted many days ago, making holding longs risky at this stage despite the longer term bull trend. There are risks of a further correction...

RESEARCH HIGHLIGHTS: Incredible Opportunities In Precious Metals Right Now Platinum Sets Up For A Big Breakout Gold Poised To Continue Rally Silver Is Still In The “Super-Hero” Setup Rally...

Gold held key support on the dip to 1900 today and bounced aggressively. The reason why this is important is: a) it's a major trend line from the March lows. b) it defined the bull/bear line in the...

Over the past three weeks, I have kept you updated on the progress of the Gold-related Exchange Traded Fund (NYSE:GLD) using the Elliott Wave Principle. (See my articles here, here, and here.)Last...

The gold futures contract lost 0.83% on Tuesday, as it extended its short-term consolidation following recent decline below $2,000 price level. Gold reversed lower on August 7 after much better...

The spot price of gold at Tuesday’s low was down a remarkable $100 an ounce from the highs of a week ago. But charts show that there have been these kinds of losses in a single day before.In...

Gold has retreated from a record high above $2,000, and silver is off its own seven-year highs near $30.Is that cause for concern?  I doubt it. These have been dramatic surges to new levels,...

A significant rally on the daily and weekly charts The longer-term charts show room to rally Buffett’s purchase lit a bullish fuse: Coincidence or blessing? Levels to watch over the coming...

The gold futures contract lost 0.40% on Monday, as yellow metal extended its short-term consolidation following the recent decline below $2,000 price level. Gold reversed lower on August 7 after...

XAG/USD traded in a consolidative manner on Monday and during the European morning Tuesday, staying slightly above the 26.00 support zone, hit on Friday. Overall, although the white metal continues to...

Oil steady as tropical storms hammer US Gulf CoastOil prices are a little flat on Tuesday, but crude continues to trade near the upper end of its recent range. As the Gulf Coast is hit with two...

July FOMC minutes hit the gold prices. But what's next for the yellow metal?The key event last week was the publication of the minutes from the FOMC meeting in July. After their release, the U.S....

Is copper near $3 a lb something that's here to stay?In a coronavirus world, the answer will depend on who’s working: the factory employee or the miner.In a global mining outlook released...