Commodities Analysis & Opinion

by Chaim Siegel of Elazar Advisors, LLCWe love to watch 'action' when it comes to the oil market. 'Action' is the trading tool comparing what should happen to what actually does happen. Oil is of...

Originally published by AxiTraderThe downtrend in COCOA remains intact, and selling interest has again proven to be strong at any larger rally. Cocoa is now slowly approaching the significant support...

Saudi Aramco CEO Amin Nasser spoke on Friday at an event in New York. He said that the oil market is “close to rebalancing between supply and demand.” He mentioned two key indicators of...

Originally published by AxiTraderIn last week's piece on the outlook for gold in a world of heightened geopolitical risk I highlighted the trendline resistance around the $1288 level dating back to...

Immediately after President Trump announced on Thursday night that U.S. warships in the Mediterranean had fired 59 Tomahawk cruise missiles at a Syrian airbase, oil futures rose by 2%. By the time the...

Key Points: Heightened global military tensions are seeing silver prices soar. The technical bias is also in favour of further upside action. The rally could extend up to the $19 handle and beyond. In...

Originally published by AxiTraderCOCOA - The break below key support at $2000 confirms that the downtrend is resuming. Cocoa has extended losses today and we should see a test of the major support...

A study this week by the Wall Street Journal found that the largest publicly traded oil-producing firms “fell short of cash flow for the year.” According to the study, Exxon Mobil...

Originally published by Guppytraders.comCashier's counters in China literally say PAY SILVER HERE and it reflects a time when silver was more valuable than gold. In commodity markets silver offers...

Originally published by AxiTraderContext is everything in markets. And to gain that context I like to review monthly and weekly charts as well as my usual daily, and sometime 4-hourly charts. When I...

Originally published by AxiTraderGold is under pressure again after failing again at its 200 day moving average twice this week. After making a high of $1261 Monday, in the aftermath of the GOP's...

Originally published by AxiTraderUSD/JPY cleared an important resistance between 111.50 and 111.70. Short-term techs look bullish now, and a test of 112.80 should follow soon. Improving risk appetite...

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....

Originally published by AxiTraderAt its peak in late February gold had rallied around 12.5% from the late 2016 lows and was trading at $1264 an ounce. That took it briefly, for 15 minutes if I recall...