Oil now developing bullish momentum
The daily chart for oil this year could best be described as lacklustre as oil prices have been in an extended phase of congestion, following […]
Commodity Market Analysis
US dollar and gold in the spotlight
A check on the US dollar ahead of this week’s NFP along with gold with some great volume price analysis lessons.
A tough day for index traders, but not for gold speculators
Another day trading the indices where patience was required in abundance with the YM, NQ and ES all treading water following the Advance GDP release […]
Gold waits on FOMC
For gold investors the break of the strong resistance at $1340 is hugely significant, a move that has been helped by a weaker USD as […]
Gold facing strong resistance
As mentioned previously $1320 and $1340 levels still key for gold as a rising USD has added to the of the precious metal, and both […]
Gold get’s a helping hand from a friend
There’s a very popular song which has the line ‘I get by with a little help from my friends’, and for gold this is most […]
Gold finally takes a peek over $1300
Gold has finally managed to take a peek over the key $1300 per ounce price point helped along by a weakening USD. However, the monthly […]
$1300 level key for gold
Despite an impressive run higher, the $1300 per ounce level remains the sticking point for gold. The failure to take out this key level has […]
A balancing act for oil
As we come to the end of another trading year, oil is now balanced at a delicate tipping point, both fundamentally and also technically in […]
Is the oil rout over?
For oil traders and speculators over the longer term, red had certainly been the dominant colour over the last two months with the WTI contract […]
Some great trading lessons on NinjaTrader in all markets
Another great session with all the markets in focus from commodities and indices to stocks. Some great trading lessons here in all markets and timeframes […]
Oil just keeps delivering – so enjoy the ride!
It’s often hard to find trading opportunities which just deliver, and keep delivering, but for oil this has been the case over the last few […]
Gold shines, while silver remains tarnished
Whilst gold has found some much needed and welcome bullish momentum, the same cannot be said for silver, which failed to benefit from the recent […]
How long will the gold safe haven flows last?
Rather like the push-me pull-you animal from Doctor Dolittle, when one market falls another rises, and such was the relationship between gold and US equity […]
Gold from both ends of the telescope
The weekly chart for gold perhaps best encapsulates how gold traders and gold investors must feel when considering the price action. For intraday traders, nothing […]
Gold, oil and US indices all in focus in the US session
More excellent VPA lessons in this week’s webinar during the US session as David and I focus on commodities, indices and stocks, and in this […]
Gold resumes bearish trend
A quick update to my gold post of 18th September where I suggested that any breakaway for the precious metal from the volume point of […]
Gold now at the tipping point
Over the last few days, we have seen the congestion phase for gold reinforced further by the arrival of the volume point of control in […]