Commodities Analysis & Opinion

It’s a rule of thumb among epidemiologists that every epidemic is different and could be laden with surprises. It now seems the same applies to economic crises.During the last downturn, the one...

The gold futures contract gained 0.37% on Wednesday as it continued to fluctuate after reaching new monthly high of $1,775.80 on Monday. It has retraced almost all of its downward correction from...

We kick off this Thursday before Memorial Day weekend with Export Sales, Jobless Claims, 4-Week Average Jobless Claims, Continuing Jobless Claims and Philadelphia Fed Manufacturing Index at 7:30 A.M.,...

Oil is again defying the skeptics and is in an amazing race with the forces of supply and demand to get into balance. Even as the U.S. gasoline demand recovery seemed to sputter falling 538,000...

World markets are facing difficulties near 2-month highs. The American S&P 500 was again under increased pressure after reaching 2980 not so far from round level 3000, that was strong resistance...

The resistance I outlined for silver on the daily chart in an earlier post this week, is now coming into action as the industrial metal attacks the $18.00 per ounce region with all these...

Natural gas bulls have persevered, pulling the market back from the worst two-week loss since March, after a devastating blow dealt to LNG shipments from coronavirus shutdowns. While the crisis...

Silver is clearly bullish but the risk/reward does not look favorable to new long positions. Original Post

Now that crude oil has broken the 2-month downtrend line, the latter is acting as a nearby support, while the rectangle area above is the next resistance to overcome. Original Post

Gold is still bullish and consolidating while more action is expected following a likely breakout. Original Post

To be bullish or not to be – that is the question. Or, it might have been the question, if someone named Shakespeare wrote a piece titled Investhamlet. The choice whether to be bullish or...

Gold prices have surged to $1752 per ounce as Federal Reserve Chair Jerome Powell said that the U.S. central bank is committed to using its full range of tools to support the U.S. economy during the...

  What happened to the WTI Crude June Swoon? After oil prices crashed on the May WTI contract expiration, the Clearing Firms and Exchanges were all ready for a repeat subzero performance....

I find that the current position of Natural Gas futures in a daily chart is well above the Ichimoku clouds; making it strong enough to move towards higher levels. There is a strong presence of bulls...