Commodities Analysis & Opinion

These are the crucial support and resistance levels on hourly gold. Original Post

May Crude Oil WTI Futures traded down to -$40.32!BackgroundA futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time...

There is nowhere to store oil for May delivery. That's what's behind the price crash. The CME says it will allow prices to go negative. The last day for May trading is today. Traders who long the May...

I guess you can party like it’s 1999 as long as you remain socially distant. The price of oil has hit the lowest levels since that iconic year as global oil demand has plunged and the...

Gold Futures formed base before resuming back V-shape reversal once again.Disclaimer 1. This content is for information and educational purposes only and should not be considered as an investment...

Is U.S. crude doomed to finish another week under $20? It depends not just on oil supply and storage, but also on how markets digest America’s progress through the COVID-19 pandemic and the...

Oil is extending its decline, dropping to the lowest level in two decades on fears that the world is running out of places to store crude, as demand is crushed. Output cuts have clearly proved to be...

No upside gap in crude oil. It is just the rollover to the June futures contract. The tendency of later-delivery futures to trade at prices higher than the frond-end month is called contango and in...

Natural gas has to overcome a bullish head/shoulders neckline on the hourly, nearly 10 cents higher. Original Post

Silver is checking prices below the head/shoulders of the hourly. Original Post

When gold takes the first breakdown hit below an uptrend, I will keep in an eye the Fibonaccis. Original Post

Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel restrictions in many...

Even before the current spate of Saudi-led lunacy in the shape of the oil price war with the two biggest oil producers in the world loomed into view, Kuwait’s 2020/21 budget projected a KWD 9.2...

The best, brightest -- and moreover duly accomplished -- Gold analysts these past few weeks quite understandably have been in full throat calling for "Gold 2000 by the end of April!" or "Gold 2500 by...