Commodities Analysis & Opinion

The crude oil market hit the 161% Fibonacci Extension of the April highs to lows near the $40 level. We should also note we are just slightly above the 50% retracement of the 2020 highs to lows as...

I wanted to quickly share some before and after charts of the long gold trade we have been posting since Friday before the breakout, to give you an idea how to manage risk in a typical trade....

Corn dropped to 3-week lows as the USDA’s Crop Progress good-to-excellent rating rose 1% to 72%, against expectations for a drop of 1%. President Trump also reassured investors by saying the...

Crude oil continues to rally and is now testing the upper border of the March price gap on the daily charts. However, given the increase in cases of COVID-19, both in the US and globally, it seems...

Despite new covid cases and a Chinese trade-war scare from White House Economic Advisor Peter Navarro, oil keeps rolling along. The strength in the oil market is based on massive global production...

The Gold futures contract gained 0.76% on Monday, as it extended its Friday's advance of 1.3%. The market has remained above the price level of $1,750. Last week's Powell's testimonies on...

Michael Z. Yu, an independent analyst on precious metals, says relative to gold, silver has only been this undervalued on two other occasions in modern history: once during the Second World War, and...

The low oil prices and the economic slowdown from the COVID-19 pandemic have hit the finances of Chinese companies hard. Another Chinese oil firm has defaulted on a dollar-denominated bond. Hilong...

On analysis of the movements of the Natural Gas Futures, I find that they look strong enough to test the level of $2, before June ends; as they have still been maintaining the gap-up that they created...

Historical precedents are in many a technician's toolbox – and it's a tool they reach for with success repeatedly. Does the yellow metal offer any interesting parallels?Gold had declined and it...

Gold is trading in green today. At one point, the precious metal even reached $1,776.  The key trigger of this price hike remains the same – market players’ concerns about the second...

For the first time in years, Gold Miners ETF (NYSE:GDX) is attempting to use old resistance as a price point to spring higher off of! This chart from Marketsmith.com reflects that GDX has remained...

The Gold futures contract gained 1.27% on Friday, as it broke slightly above the price level of $1,750. Last week's Powell's testimonies on Wednesday, Thursday, and his Friday's speech didn't...

US stocks are rising, as fears seem to be easing over a possible step backward in the war against coronavirus. Brent crude suggests the global oil market may be tightening. The market is seeing better...