Commodities Analysis & Opinion

Gold above 1209/10 this morning to target strong resistance at 1218/19. HOWEVER be ready to buy a break above 1220 for some profit taking at the next targets of 1228/29 and 1232/33. Failure to beat...

From the final week of 2016 through the first three of 2017, gold has strung together four consecutive winning weeks, the three for this year as charted in the above newly attached panel to the Gold...

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

Gold has rebounded sharply higher in the past month, taking the early lead as 2017’s best-performing asset class. Normally such a big gold surge would require heavy gold-futures buying by...

Gold Non-Commercial Positions: Large speculators and traders renewed their recent bearishness in the gold futures markets last week, according to the latest Commitment of Traders (COT) data released...

Crude Oil Levels Between OPEC-Compliance and US Inventories TodayOil prices are ebbing and flowing between OPEC-compliance efforts to curb market surplus and US consecutive additional drilling to glut...

Key Points: Long-term bearish channel remains in play. 100 day EMA likely to reinforce the upside constraint to prevent a breakout. Long-term fundamental bias relatively bearish. Silver continues to...

Confidence from OPEC’s November production deal buoyed oil markets through the end of 2016. Now that 2017 has arrived, the oil market is showing signs of waning optimism. Part 1 of this article...

Key Points: Price action hinting at some near-term downside risks. $50 mark could receive a serious challenge in the coming week. US inventories data could spark the forecasted tumble on its...

In this article, I'll take an in-depth look at gold and especially the long term view of where it's headed. Again, this is just for entertainment purposes only until gold can close below a very...

Gold settled the year 2016 on Friday at $1152, up 9% over 2015's settle of 1061, en route up as much as 30% when at Base Camp 1377 on 11 July. 'Twas Gold's first net up year since 2012 and its...

Gold has suffered recently in the wake of higher real interest rates, while the US dollar—thanks to higher yields—has reached a 14-year high. Stronger real rates hurt gold but so does a...

Spot gold (XAU/USD) remains in a long-term downtrend following a test of resistance at the long-term downtrend line over multiple weeks from July to September, and then again in November. A swing high...

We finally got the rate increase this past week and the Federal Reserve says there are 3 more to come in 2017.That will only hold true if markets and stocks remain strong and so far, they are. This...