Commodities Analysis & Opinion

WTI Crude if you held shorts from 3465/85 as far as strong support at 3210/00 you did well but we unexpectedly continued lower to 3072.Today’s AnalysisWTI Crude volatile again as we dumped...

So, did U.S. drivers do the deed?Despite rising U.S. coronavirus cases and pleas for socializing in small numbers, crowds still flocked to America’s favorite hot spots for Memorial Day in an...

On analysis of the movements of Natural Gas futures, in different time frames, since I wrote my last analysis https://www.investing.com/analysis/natural-gas-looks-ready-for-a-breakout-move-200525124...

The Gold Futures contract gained 0.79% on Friday as it slightly retraced Thursday decline of 1.7%. On Thursday it extended a downward correction from the last Monday’s new monthly high of...

When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have...

Gold rose last week to its highest level since October 2012 as investors worry about the souring US-China relations and a bleak global economic outlook. Gold then retreated from its highs as stocks...

Natural Gas on the Nymex had another volatile week before closing 6.7% higher than a week ago at $1.74 on Friday.The July contract is currently at $1.89. The EIA confirmed on Thursday a build of 81...

Oh say it ain't so, but is COVID already baked into the price of Gold? "Preposterous!" you say, as do we. Just look above right at the U.S. dollar's debasement spree, the Gold line running a far...

Record low rig countThe US oil rig count has fallen off a cliff over the last four weeks, and the speed of closures has accelerated the longer the COVID-19 epidemic has lasted. According to the Baker...

Gold Non-Commercial Speculator Positions: Large precious metals speculators increased their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders...

The precious metals sector may have begun a correction on Wednesday.The miners ((NYSE:GDX), (NYSE:GDXJ)) sold off after reaching significant resistance levels while the metals are trading just below...

Could old Doc Copper be sending an important message about the overall health of the global economy and the stock market in the next couple of weeks? It appears it could! This chart looks at Copper...

Just like all good and bad things come to an end, so do “never-ending” rallies. Crude oil declined well over 5% today, which might mean that we already saw the end of the rally.But...

Crude oil looks to have fully unfolded a five-wave structure within a higher degree wave 5, up from 24.73 level. We can now see a decline through the lower channel line, which suggests a temporary...