Where next for gold – will it regroup and try again?
Following last week’s volatility which spanned the markets with the sell everything mentality time to check in on gold and in particular the daily chart […]
Commodity Market Analysis
A pivotal week for gold and joyous one for gold bugs!
Last week was a pivotal one for gold as far as the daily timeframe was concerned and for regular followers of my analysis, you will […]
Expect congestion for copper on the daily chart in the short term
As I suggested in my post of the 27th October entitled ‘Another false dawn for doctor copper’ pretty much summed up the analysis, the price […]
Oil remains bullish after a volatile week of fundamentals
It was another volatile week for oil as we tested the $85 per barrel price level I outlined in my previous post but falling just […]
Oil dips and recovers it’s bullish momentum towards $85 per barrel
Over the last week or so we have seen the price of oil retrace, but the pullback on the daily chart has simply been a […]
Another false dawn for doctor copper
It’s been another false dawn for copper which continues to remain waterlogged restricted to trading in a narrow range as each rally falters and weakens […]
Crude oil continues its bullish momentum and set to move higher still
As for gold, so for crude oil which contains to maintain a very bullish tone as I have been forecasting over recent posts for the […]
Bullish sentiment remains in place for gold
It was another rollercoaster ride for gold last week, but despite the volatile price action, was one that continued to maintain the bullish momentum for […]
Bullish momentum for oil continues
As expected, oil has continued its longer-term bullish sentiment and is now moving firmly towards the $85 per barrel price target I highlighted some time […]
VPOC on the daily chart brings gold to a shuddering halt
Once again it was the volume point of control coupled with strong price resistance at $1800 which brought the latest rally for gold to a […]
Where next for the price of gold?
Yesterday was a positive one for gold which saw the precious metal climb throughout the day before closing the session at $1794.7 per ounce having […]
Day trading stocks and futures ahead of the FOMC
Day trading stocks and futures ahead of the FOMC along with both hard and soft commodities
Oil continues to maintain its bullish momentum
As I suggested in my last analysis for crude oil, the short term congestion duly arrived around the $76/$77 per barrel, but this weakness was […]
Another positive week for oil, but short term weakness ahead
It was another positive week for crude oil, which continues to develop the bullish momentum I suggested recently. In my last post, I wrote we […]
Gold and inflation – a relationship that could once be relied upon?
When considering the daily chart for gold, I’m reminded of a well-known line from one of Samuel Taylor Coleridge’s poems, The Rime Of The Ancient […]
Where next for the price of oil?
I was taken to task recently by one of my readers who suggested my bullish analysis for oil was well off the mark and in […]
Copper set for some sideways price action, but note the key levels
As I mentioned in recent posts for copper on the daily timeframe, the prospect of an extended rally was unlikely given the proximity of the […]
Daily copper chart and the power of benchmarking in volume price analysis
In yesterday’s post on Tesla, I spent some time explaining the importance of benchmarking when using the volume price analysis methodology, and the daily chart […]