Commodities Analysis & Opinion

Key Points: Silver is reaching the lower constraint of the ranging phase. Short-term bearish channel in place. Reversal likely at the 19.540 price. The relatively range-bound silver is nearing the...

I haven’t written anything about gold here since I noted that one of Paul Tudor Jones’ favorite indicators suggests the bear market in gold is over. While I still believe we have begun a...

Gold has gotten a lot of attention this year - and for good reason. The yellow metal is up 26.26% year to date. But as this week’s chart shows, gold isn’t the only resource beating the...

It is the dog days of summer. The metals are trading below their recent highs while the miners continue to be on the cusp of their next leg higher. In any event we remain bullish as we expect the next...

The chart below looks at two silver charts that show the metal is facing two different types of resistance right now at (1). Silver found support at its rising channel and 23% Fibonacci retracement...

Yesterday´s US Inventories rose by 1.05M barrels Saudi Arabia boosted its oil production to a record high in July The monthly report from the OPEC the output of its members also hit a new high...

Gold: After gapping up yesterday, Gold sold off for the rest of the session indicating lack in direction and choppiness. It may take a few sessions for Gold to figure out which direction it is headed...

September Crude Oil broke down during the overnight session trading down to 42.08 as traders pressed price lower on follow through selling off of the API report from Tuesday afternoon. Saudi Arabia...

The usual OPEC suspects—Venezuela, Ecuador, and Kuwait—are pushing for a revival of the oil production freeze talks that took place last April in Doha, Qatar. As usual, any time someone in...

Greg Weldon is as excited about precious metals right now as he was when he recommended them in January 2016. Gold subsequently jumped $325 and gold shares came within a hair of tripling in price....

In my previous chart of the day I noted that gold and the metals sector in general were too stretched above the 200 DMA and would likely have to churn for awhile before the next leg up could begin....

Today’s upside reversal action comes on the heels of a bearish Inventory Report, and from a new low in the vicinity of important, intermediate-term support at $38.90, which represents the 50%...

Key Points: Gold breaches bearish weekly trend line. $1372.60 December 2015 high looms. Medium outlook remains bullish. Gold futures have continued their trend of closing higher, with the precious...

I've just just returned from a conference in Wyoming, a state known for both energy and bears. The two are converging in the oil market as well.The price of crude oil fell below $40 a barrel...