Commodities Analysis & Opinion

Gold just suffered a sizable down day after the latest CPI inflation printed hotter than expected. With gold falling back under the psychologically-heavy $2,000 level, bearishness flared. But with...

It’s been a rough go for natural gas prices.Even with elevated inflation numbers, natural gas is still in crash mode. Today’s Natural Gas chart highlights the crash in prices. Natty has...

By Mike GleasonAs speculative fervor fuels price spikes in technology stocks and cryptocurrencies, gold continues to quietly hold its major support level.The monetary metal tested the critical $2,000...

Gold prices increased slightly on Friday to over $2,000 an ounce after recent volatility, but analysts say continued recovery is unlikely.Gold Sees Increased Volatility, Surges Above $2,000In the last...

Natural gas futures reach pandemic lowsOversold signals present; confirmation above 1.65   Natural gas futures (March delivery) experienced another painful week, plummeting towards the...

The physical oil market remains relatively bullish, with crack spreads and futures prompt spreads continuing to trend higher. This suggests the oil market is much tighter through the first few months...

OPEC and the International Energy Agency can’t seem to agree on anything. Not only has a war of words broken out between these two groups, but they continue to see the global energy markets from...

Oil once again failed to confirm the bullish trend on Wednesday, moving lower under pressure from news of a jump in US inventories.The Department of Energy reported that commercial inventories rose by...

Trade Ideas for Thursday 15th February 2024 Gold XAU/USD held a $12 range as we consolidate after recent deep losses. Although we dipped below 1987 we only reached 1984. I feel comfortable trading in...

WTI futures retreat after testing 200-day SMAPattern formation resembles a double topMomentum indicators weaken but remain positiveWTI oil futures (March delivery) had been staging a comeback after...

Somehow oil and petroleum products become Inflation-Proof when the supply side starts to drain. The consumer price index came in hotter than expected at 3.1% in January. The core rate came in at 3.9%,...

After analysis of the movements by the gold futures since Feb. 2, 2024, I find that the big bears finally attacked on Feb. 13, 2024.This fall was evident enough to keep the trend downward for a long...

Yesterday’s stronger-than-expected US CPI print put significant pressure on gold, while oil managed to edge higher with signs of some tightening in the marketEnergy - OPEC Continues to Expect...

Trade Ideas for Wednesday 14th February 2024 Gold XAU/USD tested resistance at 2023/26 and below 2029 keeping us short. Gold collapsed on the CPI release and immediately broke support at 2013/11 to...