VPOC on the daily chart brings gold to a shuddering halt
Once again it was the volume point of control coupled with strong price resistance at $1800 which brought the latest rally for gold to a […]
Commodity Market Analysis
Where next for the price of gold?
Yesterday was a positive one for gold which saw the precious metal climb throughout the day before closing the session at $1794.7 per ounce having […]
Day trading stocks and futures ahead of the FOMC
Day trading stocks and futures ahead of the FOMC along with both hard and soft commodities
Oil continues to maintain its bullish momentum
As I suggested in my last analysis for crude oil, the short term congestion duly arrived around the $76/$77 per barrel, but this weakness was […]
Another positive week for oil, but short term weakness ahead
It was another positive week for crude oil, which continues to develop the bullish momentum I suggested recently. In my last post, I wrote we […]
Gold and inflation – a relationship that could once be relied upon?
When considering the daily chart for gold, I’m reminded of a well-known line from one of Samuel Taylor Coleridge’s poems, The Rime Of The Ancient […]
Where next for the price of oil?
I was taken to task recently by one of my readers who suggested my bullish analysis for oil was well off the mark and in […]
Copper set for some sideways price action, but note the key levels
As I mentioned in recent posts for copper on the daily timeframe, the prospect of an extended rally was unlikely given the proximity of the […]
Daily copper chart and the power of benchmarking in volume price analysis
In yesterday’s post on Tesla, I spent some time explaining the importance of benchmarking when using the volume price analysis methodology, and the daily chart […]
The daily chart for copper delivers a nice example of Wyckoff’s third law in action
Like oil, copper is another commodity that continues to remain waterlogged in a relatively tight range, building support and resistance levels around the VPOC at […]
Oil emerging from the summer doldrums
As we emerge from the summer doldrums and markets return to full speed ahead in the final quarter of 2021, it’s time to check in […]
Copper continues to look weak despite the recent bounce
The daily chart for copper is another which has some key volume price analysis lessons and examples, and as I suggested in a post several […]
Volume price analysis reveals the truth behind the price action for gold
Regular readers of my books and posts will know that volume price analysis has been the foundation of all my trading and investing over the […]
The daily pattern for the price of oil is repeating
The daily chart for the WTI September contract makes interesting reading at the moment as we head into the summer doldrums and for the time […]
Where next for the price of gold?
Regular readers will know in my last post on gold I suggested that it was looking fragile and if it should break to the downside […]
Normal service resumed for oil, but expect congestion at $72.50 per barrel
The excitement following the recent OPEC meeting is now a dim and distant memory and as the waters calm following the market’s knee-jerk reaction, it’s […]
A check on the monthly chart for gold to offer some insight into the future
Attempting to forecast the future direction for gold is proving tricky at present from a daily perspective so in order to offer a longer-term perspective […]
Volume reveals the truth behind the price action for WTI oil futures
The sharp sell-off for crude oil following OPEC’s announcement regarding supply management gave us another classic example of volume price analysis in action on the […]