Commodities Analysis & Opinion

by Chaim Siegel of Elazar Advisors, LLCGold has a problem. Inflation has been dropping while interest rates are rising. It’s a double-whammy of bad for gold. Gold needs a good CPI number on...

When oil futures dropped 5% last Thursday, analysts were quick to blame OPEC for production cuts that have, over the past four months, failed to resolve the oil glut. But the real culprits are as...

Originally published by AxiTraderGold fell to $1,214 overnight as the reversal from long-term resistance continued under the weight of rising us bond rates, low implied volatility, and a stronger US...

Originally published by AxiTraderOil traded under $44 a barrel in WTI terms on Friday. That was the lowest level since November 15 last year with the collapse driven by the twin concerns of slowing...

Originally published by AxiTraderCOCOA had a strong performance in the past three days, but the downtrend remains intact and there is solid resistance ahead. The 55 DMA lies ahead of the $2000 level,...

Gold showed weak recovery symptoms in today trading sessions with a 1235 high, after plunging to 1225.74 low yesterday, but still remains bearish. US economic data was positive yesterday, which added...

Originally published by AxiTraderGold has now collapsed more than $50 an ounce since the recent high and failure at long term trendline resistance at $1295 back in mid-April. The overnight low was...

by Pinchas CohenThe price of iron ore skyrocketed last year, up 81% to $95 levels on Chinese demand. It reached a two-year high in February. However, since then it has plunged 32%, to $67 per metric...

Originally published by AxiTraderOil again traded into the $47 region last night as the news that Libya has ramped up production and a continued focus in rising US production counter-balanced the...

Originally published by AxiTraderAfter failing recently at trendline resistance - which stretches both from the 2016 high around $1375/80 and the 2011 high north of $1900 an ounce - gold has drifted...

OPEC’s May 25 meeting, at which ministers will consider extending their production cut agreement, is now a month away. Most signals currently point towards an extension for at least another...

Originally published by guppytraders.comWe know the weekly NYMEX Oil chart shows a long term inverted head and shoulder reversal pattern. This trend reversal pattern is reliable and has a high ...

Originally published by AxiTraderCOCOA retested the previous support level at $1865, but failed there and reversed its gains. Even if it overcomes this obstacle, the downtrend remains strong and...

Macron’s win sees investors and traders returning to risk assets.PRECIOUS METALSAsia’s open saw gold drop $20 on safe haven liquidation, following Macron’s win in the 1st round...