Commodities Analysis & Opinion

Despite encouraging economic news out of China, crude oil has been trading lower to start the week again, taking out its 2008 low near $35.00 and continuing to fall. The blame for today’s...

By all accounts, the world is awash with oil: production remains high while demand is softening along with the global economy. This has led many observers to forecast further declines in oil from the...

The markets have, for the most part, already priced in a Fed rate hike, which is expected next week. On Thursday fed funds futures indicated an 80% chance of a rate hike. It would be the first move in...

Oil Seeps Lower: Oil prices seeped to their lowest level in over 6 years, breaking swing lows as oversupply was confirmed as not being abated any time soon. OPEC meetings ended with no resolution on...

Spot Gold reversed to the upside by $30 on Friday, but more significantly from a technical perspective is that the strength on a Friday, if sustained, has the potential to put in a key, upside weekly...

Whilst the spotlight of the metals complex generally focuses on goldwhose demise has been relentless, silver too is following the same path lower. Whilst yesterday’s price action for the...

The technical charts on gold are suggesting the start of a fresh leg lower in price. The loss of chart support near the $1075-$1070 level, and the subsequent inability of the metal to move back above...

Crude oil prices continued to slide overnight, forming new lows not seen since early August, as concerns over a supply imbalance weighed upon the commodity. There continues to be mounting evidence...

GoldMain scenario:The pair is trading along a downtrend with target on 1008 that may be expected to continue while pair is trading below resistance level 1069. Alternative scenario:An uptrend will...

It could be a defining week for oil, starting off with the global warming summit in Paris and ending with one of the most crucial OPEC meetings in recent memory.Long-term demand projections are in...

This past week, Gold prices closed at the lowest level since early 2010 Precious metals, together with Gold, continue their bear market downtrend. Another month, yet another low. Silver, Platinum and...

Key Principle of this market analysis discipline we call Chartology: What makes the markets go up, down and sideways is investor and trader emotions.From the little guy trading on his laptop to some...

Gold is consolidating at the bottom of a long and steep downtrend, which came on the belief that the Fed will raise interest rates. Does the consolidation signal a bottom, and how much impact does the...

Canada’s Athabasca Basin is arguably the best place to look for uranium in the world, and it’s the backyard of Cameco Corp (TO:CCO), the world’s largest producer.A few small...