Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, June 02, 2017
Has Permian Crude Oil Productivity Peaked? / Commodities / Crude Oil
By: OilPrice_Com
The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into.
The sky is the limit, it seems. However, there are growing signs that the U.S. shale industry could be reaching the end of the low-hanging fruit. Or, more specifically, drilling costs are starting to rise and the enormous leaps in production that can be obtained by simply adding more rigs also appears to be running into some trouble.
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Thursday, June 01, 2017
Gold Price Moves Higher but Miners Don’t / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Yesterday’s session was yet another one in row when mining stocks underperformed the yellow metal, which continues to have bearish implications. Nonetheless, gold moved to new short-term highs and in today’s alert we’re going to discuss the implications of this move.
In short, there are no important ones. Let’s see why (charts courtesy of http:/stockcharts.com).
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Thursday, June 01, 2017
Is the Energy Rally Running out of Gas ? / Commodities / Natural Gas
By: Rambus_Chartology
Today I would like to update some charts for Natural Gas and oil which appear to be building out a topping formation. If these patterns play out there is a lot of room to the downside we can take advantage of. There has been a lot of backing and filling, but it looks like this may be coming to an end and we may finally get the impulse move down.
$NATGAS has been building out a 1 year H&S topping pattern and just recently completed the high for the right shoulder. This daily chart shows a blue 5 point bearish rising flag that broke below the bottom rail today. A backtest to the underside of the 5 point bearish rising flag would come in around the 3.18 area which would represent a low risk entry point to go short natural gas. The possible neckline is still quite a bit lower which would be another low risk entry point if the neckline gives way.
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Thursday, June 01, 2017
Gold Benefits from Uncertainty Thanks to Twitter and UK Election / Commodities / Gold and Silver 2017
By: GoldCore
- Gold hits five-week high
- Reaches $1,273.74/oz, highest since April 25th
- Sterling recovers after UK polls point towards a hung Parliament
- Expected Fed-tightening capped gains
- 90-dead in Kabul, further signs of increasing tension in Middle East
- Trump expected to pull out of Paris Accord and Trump’s anti-Iran axis already feuding
Thursday, June 01, 2017
How Low Could Crude Oil Price Go? / Commodities / Crude Oil
By: Nadia_Simmons
Although crude oil climbed above the level of $50 yesterday, this improvement was very temporary and the black gold closed the day below this barrier. In this way light crude invalidated the earlier breakout, which will likely trigger further declines. How low could the commodity go in the coming days?
Thursday, June 01, 2017
Kenadyr's Kyrgyz Region Gold Drilling Improves on Historic Results / Commodities / Gold and Silver Stocks 2017
By: WallStreetNation
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Thursday, June 01, 2017
[TRADE ALERT] Write This Gold Stock Ticker Down Now / Commodities / Gold and Silver 2017
By: WallStreetNation
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Wednesday, May 31, 2017
Silver Elliottwave Followup: Looking for 16.90 / Commodities / Gold and Silver 2017
By: Submissions
Hoag Trading : Talking Point:
Technical Strategy: Turning Bearish
Elliottwave View: Progressing reversal.
Wednesday, May 31, 2017
Gold Price Seasonal Low / Commodities / Gold and Silver 2017
By: Ed_Carlson
Gold rallied $14.90/oz. last week closing at 1,267.60. On Friday, gold printed a gravestone doji candlestick (bearish). Seasonality is bearish in June. The June/July period has a strong tendency to mark a low. In addition, a 40-wk cycle low is due in July. Despite a whipsaw in Nov-Jan, the 34mo moving average is a good indicator of trend. Currently, gold is above the moving average keeping the long-term trend bullish.
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Tuesday, May 30, 2017
Preparing for THE Bottom: Part 1 - Gold / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 - $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and in the second half of 2013. Overall, despite short-term and medium-term price swings, not much has happened in the past few years.
Tuesday, May 30, 2017
Why Sharia Gold and Bitcoin Point to a Change in Views / Commodities / Gold and Silver 2017
By: GoldCore
- New gold-backed currency OneGram launched
- Backed by one-gram of gold, uses blockchain technology
- OneGram is first in wave of new Shariah, tech-savvy gold products
- 2017 sees big changes for gold thanks to Shariah gold and blockchain
- Gold investors should prepare for tightening in supply
- Bitcoin and shariah gold demand suggest change in retail investor thinking
Tuesday, May 30, 2017
Gold And Silver Price Seasonality…June Worst Month? / Commodities / Gold and Silver 2017
By: I_M_Vronsky
It is universally known that there are many, many sundry factors that can affect the price of gold and silver. To name just a few: Political Environment, Value of the US Dollar and the Euro, Commitment of Traders, Possible Manipulation by the Fed, US Fed Policies Regarding the Level of Interest Rates, International Belligerent Turmoil, the Relative Value of the Stock Markets…and last but NOT LEAST THE SEASONALITY of Precious Metal Prices.
This analysis will only focus on THE SEASONALITY of Precious Metal Prices as there enumerable encyclopedic reviews of all the other factors affecting gold and silver prices. Specifically, what has been the average monthly price variance of the price of gold or silver for the 12 months over a period. In an effort to seek objectivity, we have selected Seasonality Charts from several pundit sources.
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Tuesday, May 30, 2017
What Happened to Bitcoin? / Commodities / Bitcoin
By: GoldCore
- Bitcoin hits $2,700, a 500 fold increase in five years and doubling in price since May 1st.
- Previous surges – in 2011 and 2013 – have been followed by dramatic crashes
- Significant premiums seen in Asia, over USD price
- Total cryptocurrency market cap reached over $90bn, last week
- Market remains small and volatile
- Comparisons between bitcoin and gold are old, invalid and misleading
- Both bitcoin and gold offer opportunities to diversify away from corrupt financial system
Monday, May 29, 2017
Gold Broke Above Triangle Pattern on 4-hour Chart / Commodities / Gold and Silver 2017
By: Submissions
Franco Shao writes: XAUUSD broke above the triangle patter on its 4-hour chart last Friday and continued its short term bullish movement from the May 9 low of 1214.17, and the price extended to as high as 1269.37. Near term support is at around 1255, as long as this level holds, the bullish move could be expected to continue over the next several days.
Monday, May 29, 2017
Gold Proprietary Cycle Indicator is Down - 29th May / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting COT data supports higher silver prices.
Our proprietary cycle indicator is down.
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Monday, May 29, 2017
How Investors Can Profit From The Coming Resource Wars / Commodities / Metals & Mining
By: OilPrice_Com
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Monday, May 29, 2017
The Vienna Deal: Only Temporary Relief in Oil Markets / Commodities / Crude Oil
By: Dan_Steinbock
The Vienna agreement among OPEC and non-OPEC oil producers will extend oil cuts by nine months. After the deal, oil price plummeted by about 5 percent. Far more is needed to subdue new economic uncertainty and market volatility.
Among the oil insiders, the decision to extend oil production cuts was seen as a done deal well before last week's Vienna meeting. But as I have argued in the past few years, investors seek assurances of longer production cuts. That is vital in an era of huge energy overcapacity.
Monday, May 29, 2017
Gold vs. Gold Mining Shares – Just The Facts, Ma’am / Commodities / Gold and Silver Stocks 2017
By: Kelsey_Williams
“…but what I do know is the people running the company are practically married to their shareholders and investors, like you.”
That’s good to know. After two decades of sharing their bed(s) with investors “like you” since the honeymoon period and birth of gold’s bull market in 1999/2000, the management of this particular gold mining company is still committed. And, presumably, other companies’ managements are similarly committed. Are you?
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Monday, May 29, 2017
The Story Behind Continuing Strong Gold Bullion Coin Demand / Commodities / Gold and Silver 2017
By: Michael_J_Kosares
I have always considered sales of modern gold and silver bullion coins a bellwether on the general health of the global precious metals market. In reality, though, bullion coin sales comprise only a very small portion of the physical gold and silver markets. According to the World Gold Council, modern gold coins make up only about 13% of investment demand and a little less than 5% of overall demand.* Yet, as is often the case in statistical inquiry, it is the small and often unobserved, sometimes even ignored, that can accurately tell the larger story – particularly when it reflects the net effect of human action within the greater economy and financial markets.
Saturday, May 27, 2017
Gold Price and the Fed’s Shrinking Balance Sheet / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The latest FOMC minutes suggest that the Fed may start decreasing its balance sheet later this year. There are many unknowns about this process, so we invite you to read our today’s article about the unwinding of the Fed’s balance sheet and find out how it could affect the gold market.
As we wrote in the Gold News Monitor, the latest FOMC minutes suggest that the Fed may start decreasing its balance sheet later this year. There are many unknowns about this process, so we will closely watch the U.S. central bank’s comments and actions in this context. But let’s dig into the subject with the information we have.
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