Commodities Analysis & Opinion

Last weekend, the OPEC / non-OPEC Joint Ministerial Monitoring Committee (JMMC) surprised many oil market analysts and investors when it chose to not recommend an extension of the production cut deal....

Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries...

WTI Crude Oil Non-Commercial Positions: Large speculators and traders continued to cut back on their bullish net positions in the WTI crude oil futures markets last week, according to the latest...

Gold Non-Commercial Positions: Large speculators and traders increased their bullish net positions in the gold futures markets last week following two weeks of sharp declines, according to the latest...

GLD (NYSE:GLD) – on sell signal. SLV (NYSE:SLV) – on sell signal. GDX (NYSE:GDX) – on buy signal. XGD.TO (TO:XGD) – on buy signal. CEF (NYSE:CEF) – on buy...

On March 25-26 the monitoring committee for the OPEC-non-OPEC oil production agreement will meet in Kuwait. This meeting comes amidst recent volatility and a drop in oil prices to below $50/barrel for...

Technical analyst Jack Chan charts the latest moves in the gold and silver sectors. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last...

CLK17, the May contract for Oil Futures Day chart shows a completion of a harmonic pattern called a Bat and since then has been batting its eyelashes around the PRZ (Potential Reversal Zone aka the...

By Chaim Siegel of Elazar Advisors, LLCOn March 1st the US economy gave the Fed an inflation scare. That's when the Fed's favorite inflation measure, the PCE Price Index, reported a breakout...

Later today we will likely hear that the United States Federal Reserve will raise interest rates, perhaps more than was expected just a few weeks ago. What will this do to the price of oil, which is...

Key Points: Near-term downsides are looking likely. Long-term head and shoulders could be shaping up. Keep an eye on the FOMC meeting. Despite a slowing rate of decline, gold could have further...

OPEC said on Tuesday oil inventories had continued to rise despite the start of a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting...

Crude oil after touching the lowest level of $47.90 on March 13th , 2017 seems ready to break its first resistance level from $50.70 to $51.30 before the announce of impending crude oil inventory on...

Gold: the big arrow shows down, but there is some support below last week’s low Original post