Commodities Analysis & Opinion

Gold – Wednesday 5 August 2015Over the last six weeks or so, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 a couple of weeks ago....

The low oil prices engineered by OPEC in the last year are feeding several new Saudi refineries. The oil producing nations of the Persian Gulf have decided to produce petro products, not just crude...

The following is a bit of a follow up to a previous Gold post in which we spoke about getting in early for a break of Gold's major support.Gold Weekly:As you can see on the weekly chart, Gold broke...

Gold – Tuesday 4 August 2015Over the last six weeks or so, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 a couple of weeks ago. It...

If the CRB Index doesn't bounce at the 2009 lows, and instead continues downward over the next few days to the 2001 lows, then I'm going to adjust my expectations. Should this happen, I'd say the...

Gold – Monday 3 August 2015Over the last six weeks or so, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 a couple of weeks ago. It...

This chart looks at the Reuters/Jefferies Commodity Index (CRB) on a monthly basis for the past 50 years The index took off in the early 1970s and rallied over 200% in a little over a decade at (1)....

An interesting dynamic has taken shape in gold in recent weeks. As price has continued to oscillate in a roughly $30 range between $1075 and $1105 sentiment has further deteriorated, here is a small...

Though the price of oil managed to climb back to $60 a barrel from a low of $40, it has now fallen back under $50. Will oil prices recover as quickly this time around? Four key financial and economic...

Gold – Thursday 30 July 2015Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last...

Countdown to Liftoff: Although the Federal Reserve didn’t give a clear signal on the timing of liftoff, the rhetoric of improving housing and labour markets shows that the countdown has at least...

Gold – Wednesday 29 July 2015Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier...

Gold – Tuesday 28 July 2015Throughout the last month, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100. Earlier last week gold fell...

Summary: There's currently a tradeable set-up in gold. Sentiment, seasonality and the price pattern (especially the 2% intraday reversal on Friday) are all favorable. Importantly, there is a clear...