A red letter day for oil and for OPEC
OPEC will no doubt be finally drawing a collective sigh of relief as the management of the glut of oil supply finally seems to be […]
Commodity Market Analysis
Gold bugs bathe in the warm summer sun
For gold bugs, and even for their lesser brethren in silver, not only is the sun shining in the summer months, but the sun is […]
Copper shorts squeezed as the red metal shines
The current bullish trend for copper shows no sign of slowing just yet with the red metal touching a 3 year high largely driven by […]
Oil inventories and the classic volatility trap
Every item of fundamental news, whether large or small, provides the big operators with the ideal opportunity to trap traders into weak positions, and yesterday’s […]
OPEC meeting dominates oil prices and disappoints….so far!
The progress for oil prices during May has been an interesting one, and indeed one I focused on early in the month as the big […]
Stopping volume appears on the daily oil chart
Last week was an interesting one for oil traders and speculators, as crude oil continued to move lower from Monday to Thursday, before bouncing strongly […]
Silver bears continue to growl
There seems to be no end in sight just yet for silver, which continues to remain beaten down and unloved, and dragging its more illustrious […]
Silver and gold take different paths
Whilst gold and silver have a relatively close relationship in terms of associated price action, in the last few weeks these relatively close bedfellows have […]
It’s a tough life for OPEC!
The recent rally for crude oil, came to a shuddering halt this week with Wednesday’s wide spread down candle driving oil prices firmly back towards […]
Gold shines on the weekly chart
If the latter part of 2016 was one to forget for gold bugs, the start of 2017 has certainly been one to remember with the […]
Oil continues to remain waterlogged!
For oil traders, speculators and indeed corporate buyers, the price action on the daily oil chart reflects a confused picture for crude oil, and to […]
Silver rally appears to be losing momentum
Whilst both gold and silver have seen modest recoveries in the last few weeks, with gold gaining almost $100 per ounce, silver has been somewhat […]
Some classic lessons in volume price analysis on the daily gold chart
For gold traders and gold investors, the daily chart for the precious metal has delivered some simple and clear examples of the power of volume […]
Another bad week as gold remains under pressure
The heavily bearish sentiment for gold continued to remain firmly in place once again last week, as the precious metal continues its stately progress ever […]
Gold remains bearish but expect a bounce
For gold bugs it has been another tumultous week, with the price of gold collapsing as Donald Trump marched into the White House, sweeping all […]
Oil remains under pressure despite OPEC reassurances
As oil prices continue to fall, all eyes are once again focused on OPEC and the so called ‘Algiers accord’ of last month, much vaunted […]
Oil demand likely to fall in 2017 as prices struggle
Crude oil, like many other commodities and markets are present, continues to remain rangebound with the bullish momentum of earlier in the month now waning. […]
Gold and silver regroup but remain bearish
Last week was one of consolidation and regrouping for both gold and silver, following the calamitous falls of the previous week which finally injected some […]