Gold finally breaks away from volatility candle
Gold prices finished last week in bullish mood once again following the extended period of price congestion which has seen the precious metal trade within […]
Commodity Market Analysis
Bullish copper takes out key level
After the malaise of the last few months, copper finally nailed a key technical level firmly into place on Friday as the red metal surged […]
Slower timeframes reveal the future for oil
With so many traders keen to forecast the longer term prospects for crude oil, I thought it was time to add my own thoughts, and […]
Oil takes out one level, and now looks to the next!
When considering such as bearish chart as for crude oil, it’s interesting to play a mind game and consider it as perhaps a stock chart […]
Copper and the Aussie dollar under the cosh
For commodity currencies, and commodities in general, with the exception of gold, it’s been a torrid start to the year, with the Canadian dollar under […]
At last some good news for gold bugs
Whilst it’s been a very unhappy new year for many commodities, with crude oil plunging and copper following suit, for gold it’s been a rosy […]
Not a happy new year for WTI
For oil prices, the new year could hardly be described as happy, as the relentless decline in prices continues, with December’s pause now starting to […]
What I said, this time last year
As regular readers will know, every year I write an end of year analysis, with a look forward to what the new year is likely […]
Boom – WTI oil price crashes through the floor on rising volume
In my post of 5 days ago I highlighted how a confluence of factors had the potential to drive oil prices even lower, and down […]
Silver breaking up as technical fissures appear
Whilst the spotlight of the metals complex generally focuses on gold whose demise has been relentless, silver too is following the same path lower, and […]
Oil prices driven lower on fundamentals and technicals
These are interesting times for oil traders and speculators with Friday’s OPEC meeting in Vienna now on the horizon, and the question that will then […]
Gold drops again and takes out key level
For gold bugs, the second half of November had been one of hope. Hope the precious metal would finally find some much needed support, or […]
Oil taking centre stage on FED decision
One of the many factors used to decide whether a central bank should or should not raise interest rates is inflation, of which energy is […]
Gloom deepens for gold bugs
It was another gloomy day for gold bugs in yesterday’s trading session with the precious metal picking up bearish momentum once again following last week’s […]
Trap move on 5 min CL chart
It was business as usual for the big operators on the 5 minute chart for oil, with the trap move clearly evident immediately after the […]
Soybean futures finally break away – courtesy of USDA
For Soybean futures, yesterday was a seminal one from a technical perspective with the soft commodity finally breaching the strong platform of support that has […]
Silver Bears…..not Silver Bells
At this time of year with Xmas fast approaching, I am reminded of the classic Yuletide song Silver Bells, composed by Jay Livingston and Ray […]
Oil prices – not waving but drowning!
I’m sure you have read, or maybe come across the poem by Stevie Smith entitled ‘Not waving but drowning’ which in many ways encapsulates the […]