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 […]
Commodity Market Analysis
Trading gold and other commodities in the US session
In this session David and I focus on day trading commodities in the US session and in particular gold which delivered some solid moves […]
A ray of sunshine for gold bugs
Whilst the longer term outlook for gold continues to remain very bearish, in the last few days we have seen some encouraging signs for gold […]
Golden tears
Like the rain streaming down a window pane in a heavy storm, so gold continues to fall just as fast and no doubt reflecting the […]
A typical day for gold as rally is reversed on 30m chart
The 30 minute chart for gold makes for interesting reading and reflects the bearish sentiment for gold which remains firmly in place on the slower […]
Yen in focus as risk off sentiment continues
The Japanese yen remains firmly in focus this morning as fears of contagion concerning the Turkish lira continue to dominate the markets, with significant gapped […]
Gold remains very weak
For gold bugs the weekly chart for the December gold contract makes for dismal viewing, and despite the rally for gold intraday last week as […]
Gold remains weak on the December contract
The daily chart for the December futures contract for gold continues to develop an ever more bearish tone, and despite several attempts to rally in […]
Gold bears tearing the metal apart
For gold investors, 2018 is yet another that promised much at the start of the year before a combination of factors conspired against the precious […]
Patience required for gold investors
Over the years I have written extensively about gold and from an intraday speculative perspective there is, of course, always money to be made, whether […]
Gold buyers step in ahead of the FOMC
In a recent post on gold I detailed how the precious metal had finally managed to find a degree of bullish momentum, but sadly this […]
Some lustre returns to gold on USD slide
An excellent session for gold today with the precious metal managing to halt its recent slide, a slide that had been precipitated by a more […]
Gold still lacks lustre
At times of market turbulence traders and investors have traditionally turned to gold as a safe haven and store of value, but today’s announcement by […]
Gold continues to oscillate despite positive forces
It’s difficult at present to understand why gold is failing to respond to its traditional drivers, particularly as these are not in short supply. First […]
Where next for gold after such a bright start ?
The MT5 daily gold chart continues to look increasingly weak, and even more so after yesterday’s price action which has followd through in early trading […]
Silver bears taking the metal lower
Silver and gold tend to be close bedfellows and whilst the two are moving in similar directions, the daily chart for silver is rather different […]
Oil bears in control but expect a bounce
For oil traders and investors, this market has followed a similar path to that for gold with the bullish momentum of late 2017 and early […]
Gold turns bearish after a promising start
For gold bugs, the start of 2018 heralded some much needed good news, with the precious metal climbing steadily and building on December’s bullish sentiment […]