Commodity Market Analysis
A new dawn for politics and markets
In a recent webinar, I mentioned that markets like to end the week on a high ahead of a National Holiday. The weekend before MLK […]
Support & Resistance Analysis on QQQ
The relationship of volume and price at significant support and resistance levels is an integral part of VPA, so marking these zones on our charts […]
New livestream events on YouTube
One of the many mantras that David and I often repeat is that we never stop learning. This applies equally to the world of trading […]
Gold looking to shine in 2023
It may have taken five weeks, but gold is finally through the strong price resistance I highlighted in my last post. This week gold will […]
Gold gets a lift from Powell
A very quick update on the weekly chart for gold, which I covered in depth last week here as the precious metal has now broken […]
Time for gold to shine?
The FTX collapse seems to have been the catalyst to drive gold prices higher, and not the current inflationary environment, as the precious metal finally […]
Where next for oil?
Following the recent surge higher in oil prices a look at the daily, weekly, and monthly charts for a view of where the commodity may […]
Update on oil
A quick look at the oil price ahead of this Wednesday’s OPEC meeting when the cartel is expected to raise daily output by 400k barrels […]
A pause point for oil on the monthly chart?
As we move into the new trading month, albeit a short one, I thought it would be worthwhile to consider the monthly timeframe for crude […]
Gold still struggling to break free!
For gold bugs, it’s a question of patience and more patience as the precious metal continues to remain rangebound at the same level with each […]
$85 per barrel now in sight as bullish momentum continues for crude oil
A solid week for crude oil last week saw the commodity continue to develop further bullish momentum as expected and which has continued through into […]
Oil set for congestion after the recovery from the trap on the daily chart
The rout in oil prices on the 26th of November was another trap move which has much in common with that for Tesla, but in […]
Where next for gold – will it regroup and try again?
Following last week’s volatility which spanned the markets with the sell everything mentality time to check in on gold and in particular the daily chart […]
A pivotal week for gold and joyous one for gold bugs!
Last week was a pivotal one for gold as far as the daily timeframe was concerned and for regular followers of my analysis, you will […]
Expect congestion for copper on the daily chart in the short term
As I suggested in my post of the 27th October entitled ‘Another false dawn for doctor copper’ pretty much summed up the analysis, the price […]
Oil remains bullish after a volatile week of fundamentals
It was another volatile week for oil as we tested the $85 per barrel price level I outlined in my previous post but falling just […]
Oil dips and recovers it’s bullish momentum towards $85 per barrel
Over the last week or so we have seen the price of oil retrace, but the pullback on the daily chart has simply been a […]