Commodities Analysis & Opinion

Its been a long 7-years if you happened to buy Junior Gold Miners ETF (NYSE:GDXJ) back in 2013, as it has traded sideways since those highs. This chart comes from Marketsmith.com, which reflects that...

Everything seems to be back to normal; stocks are moving higher again and the ‘risk on’ mode is back on the table. In today’s analysis, we will focus on commodities, as we can spot...

What we previously wrote about mining stocks' breakdown and yesterday's upswing, might seem like something that invalidates it or something that's just nonsense. In reality, it's one of the common...

Brent oil traded higher on Wednesday, after hitting support at 41.65 on Tuesday. However, the recovery was stopped near 43.56, slightly below the 44.00 zone, above which the liquid has been struggling...

Oil consolidates ahead of OPEC Monitoring CommitteeA positive session on Wall Street, led by energy stocks, gave a gentle boost to oil prices overnight. Brent crude rose 0.35% to USD 43.00 a barrel,...

Gold Spot longs at our buying opportunity at 1796/94 worked perfectly as we target 1806/07 and 1812/14 for a potential 16/18 point profit on this scalping opportunity.Silver Spot in a 2 steps forward,...

The cheating on OPEC oil production quotas will begin almost as soon as the Saudis turn their taps back on, says Helima Croft, global head of commodity strategy at RBC Capital Markets.While that might...

The Saudis are going to do what they’re going to do with their oil—nothing stopped them the last four months and nothing probably will now. Crude prices actually jumped 300% through the...

Rollback and rollover. News that California was rolling back its economic re-opening caused a sharp reversal as stock and oil rolled over, giving back its day’s gains. Shutdown fears and...

The Gold Futures contract gained 0.68% on Monday, as it retraced some of late last week's downward correction following Wednesday's advance to new long-term high of $1,829.80. The recent economic...

The number of cases of COVID-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800.It's not easy to terminate the viruses,...

OPEC and economic fears weigh on oilAnother whose upward momentum is stalling is oil. The California lockdowns, and fears that OPEC+ will taper production before consumption has achieved escape...

Gold hovered around the key psychological level of 1,800 in early trading on Tuesday, as global coronavirus cases continue to soar and Sino-US disharmony escalated over China’s pursuit of...

WTI Crude August Future, unfortunately, remains in the difficult sideways trend as predicted. We reversed from 4060/70, wiping out most of Friday’s gains.Today’s AnalysisWTI Crude first...