Oil levels and fundamentals in play today, and watch the Canadian dollar
As always, Wednesday is an interesting day for oil traders and speculators with the weekly oil inventories release due later, and one which is forecasting […]
Commodity Market Analysis
Where next for gold?
The daily gold chart is one which makes interesting reading, and the question now all investors want an answer to is this – are we […]
Oil continues with bullish momentum and more to come
In my previous post on oil, I suggested bullish momentum was returning for oil when the commodity was trading at $57.96 per barrel, but with […]
Gold pauses, so where next for the precious metal?
Over the last few days, gold bulls have lost some of the recent momentum, so it has been no surprise to see the precious pause […]
Oil inventories deliver, as indices tread water
It was commodities which have delivered some explosive price action over the last few days as strong moves in the US dollar have helped to […]
Oil develops bullish momentum……. thanks to the US dollar
Oil is yet another commodity that has benefited from weakness in the US dollar and which has certainly helped to reverse the strong bearish trend […]
A tarnished outlook for silver, unlike gold!
It’s always interesting to follow any analysis of gold with that for silver, and for alternative investors, the picture here is less rosy with the […]
The sun is truly shining for gold bugs……and more to come
What a week it’s been for gold bugs who must be pinching themselves, and perhaps frightened they will wake up and find the price action […]
Gold waiting for an injection of momentum…..from the FED?
The journey higher for gold is far from straightforward as the precious metal continued its volatile and jerky price action intraday. Last week’s price action […]
Back to where we started for oil
At the start of a new month the fundamental news cycle begins afresh, and all eyes were on the ISM figures for the US which […]
The sun is shining for gold bugs
For gold bugs, last weeks price action was hugely encouraging for several reasons and is a sentiment that has followed through into early trading at […]
Oil trading in the US futures session on NinjaTrader – tick and time charts
In this session, we focus on trading oil on the NinjaTrader platform and the CL contract with some excellent scalping trades on both tick and […]
Will momentum in gold follow through?
The positive start to this week for gold, was in sharp contrast to last week’s lacklustre performance, which saw the precious metal trade in a […]
The pattern for gold
Whilst the precious metal continues to deliver intraday trading opportunities, for gold investors and gold bugs, the price action of the last few months has […]
Where next for oil prices?
The question everyone is asking is where is the oil price heading next in the medium term, and for a possible answer we need to […]
The key levels on the weekly gold chart
The weekly chart for gold makes interesting reading and reinforces what we are seeing in terms of longer-term moves for the precious metal, and once […]
Oil continues it’s bullish momentum following breach of resistance
In my post of the 28th March, I suggested that we were seeing a strong platform of price support develop in the $57.80 per barrel […]
Oil’s stately progress higher dented by inventory build
Since the start of the year, the progress for oil could best be described as stately, and over the last few days, we once again […]