Commodities Analysis & Opinion

Originally published by AxiTraderAfter a very solid close out day bounce Friday US crude oil futures pulled back a little overnight. The price of Nymex light crude's front contract fell 0.85% to...

Originally published by AxiTraderThe rally in crude oil has stalled over the past couple of weeks amid signs that all the good news about the Saudi/OPEC/non-OPEC deal might already be baked into the...

Originally published by Chamber of MerchantsGresham’s LawMost people would have heard the name “Gresham’s Law” but very few actually know what it is or what it means. It can...

Originally published by Chamber of MerchantsA bear flag is a pattern which holds price until a break below the flag or above the flag. What we have below is a gold bear flag that can be charted two...

The price of oil dropped last week from recent highs. One of the alleged culprits is purported to be the increased production by American shale producers. Did this actually cause the price...

Originally published by Chamber of MerchantsMy aim is to help the retail trader community think better. To be in an ocean without a lighthouse is no fun, therefore I aim to share some of my insights...

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...

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.In order to keep the...

Originally published by Chamber of Commerce Gold just briefly hit $1150… Interesting action … even though it’s low volume at this stage… at $1145 gold is still about $15...

I had a completely different post in mind for today, but the action in the PM complex has changed my mind. Since the US elections the PM complex has had a hard go of it, trapping many bulls in their...

Key Points: Further upsides look likely from a technical perspective. Upsides largely contingent on a near-term breakout. Upside constraint of channel could be tested in the medium-term. Silver could...

Originally published by AxiTraderCocoa has been consolidating in the past few trading weeks, but the downtrend remains strong overall, as any decent rally is met with solid selling interest. The key...

Gold had a horrible month in November, falling nearly 8%. In fact all of that drop happened after the US election, so it was a really bad 3 weeks. It enters December at levels not seen since February....

Originally published by AxiTraderActions speak louder than words. And traders in Asia this morning have followed the lead of their counterparts in North America and marked down the price of crude oil...