Commodities Analysis & Opinion

Crude oil remains in an uptrend after a recent price structure that looks like correction of a fourth wave. The first support has already been reached, but the second one is a little bit lower at $30...

This week has been a wild and emotional one and it’s just started!With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed,...

Natural gas simply at the low Fibonacci retracement levels of the May losses. Original Post

Crude oil spending reduced-volatility time exactly on the downtrend line I have highlighted many times before. Original Post

Silver lacked any sort of noticeable retracement during this wave up to the double high. Original Post

Gold will complete yet another bullish rounding formation provided a new high is made. Original Post

It has just been an amazing week for crude oil. We haven’t seen upward movement in WTI like we’ve seen this week in…forever, on a percentage basis.Buoyed by a dramatic shift in...

The gold futures lost 1.25% on Monday after reaching a new monthly high of $1,775.80. It has retraced almost all of its month-long decline from April’s high. On April 14 it was the highest since...

Gold consolidated in early trading on Tuesday after reaching its highest levels since October 2012 on Monday. The yellow metal was pressured and stocks jumped amid rising risk appetite, spurred by...

To know if something is worthy of the expectation built around it, we’d just say: “the proof of the pudding is in the eating.” In the context of the crude oil rally, the proof will...

WTI Crude July contract has almost doubled in just 3 weeks. The break above 2800/2850 was our buy signal. Our longs worked perfectly with all targets hit as far as 3140/50 & we continued higher to...

Gold reached the upper target of 1761/62 and reversed from 1764 to our buying opportunity at 1726/24 and bottomed exactly here as I write overnight.A shooting star candle in overbought conditions...

Crude oil is recovering sharply from the lows, ideally unfolding a wave A) as part of a higher degree wave 4 correction. Wave A is an impulse so five waves must be seen within it, before resistance...

Natural gas is bouncing strongly from the June contract lows, but is not bullish by any means. Original Post