Gold pauses on USD strength
The current heavy focus on cryptocurrencies has meant less of a spotlight on gold, which has been staging an impressive rally since mid December, and […]
Commodity Market Analysis
Gold failing to capitalize on weaker USD
The recent fall in the USD should have given gold traders and investors cause to celebrate given its strong inverse relationship with the precious metal, […]
Oil pauses ahead of next OPEC meeting
Over supply in the oil market continues to dominate the longer term picture, and despite the recent rally in crude oil, statements from Saudi Arabia’s […]
Third time lucky for oil?
Whilst the fundamental landscape for oil remains much the same, with OPEC continuing to maintain supply control for both member and non members alike, the […]
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 […]
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 […]