Commodities Analysis & Opinion

Crude oil’s March gap down is still waiting for brave bulls to come in and fill it with prices. Original Post

After another failure at 19, silver’s focus is on how deep this retracement can be. I am showing the first important steep support line below. Original Post

Gold’s consolidation is patience-wracking, but the tight price range will give a $80 measured target in the direction of the valid breakout, whenever this comes. Original Post

After a dismal May for natural gas, power burns from an America reopening from coronavirus lockdowns, as well as higher temperatures that require more use of air-conditioning, are giving a glimmer of...

OPEC+’s latest shenanigans expose the severe identity crisis facing the group, and this has consequences for the market. For several days, OPEC+ flirted with moving up the date of its June...

Gold prices fell by 2% on Wednesday as stocks rallied on hopes of a faster than expected recovery from the fallout of the coronavirus pandemic. Meanwhile, investors shrugged of the historic civil...

Crude oil rally trying to penetrate the March gap-down area, which is now acting as resistance. Original Post

Natural gas trying to hold its head above the water, i.e. above a recently-formed resistance. Original Post

From the March 23rd low in the PM complex we’ve enjoyed the first easy part of this rally which should have many years to run yet. Every bull market consists of an impulse move followed by a...

The gold futures contract lost 0.93% on Tuesday, as it retraced most of Friday’s advance of 1.35%. On Monday, the price has reached slightly above $1,760. Yesterday’s daily low was at...

Today, we will talk about Gold, specifically GDX (Gold Miners ETF (NYSE:GDX)).We all know gold is at the extreme levels and it's actually at the lowest range compared to all other metals and assets,...

The country looks broken, the oil market is healing. A potential extension of the OPEC plus production cuts, as well as recovering oil demand, sent Brent crude back above $40.00 for the...

We start off the day with MBA Mortgage Applications and MBA 30-Year Mortgage Rate at 6:00 A.M., ADP Employment Change at 7:15 A.M., Markit Composite PMI Final and Markit Services PMI Final (May) at...

The precious metals sector was likely to decline, and it did exactly that. And based on what we just saw, it's likely to decline even more.Once again, the situation yesterday and so far today...