Gold crushed
Despite being bearish on gold for so long, and sounding to many gold traders and investors like a old recording stuck in a groove, even […]
Commodity Market Analysis
Stopping volume on the weekly copper chart
When studying any chart in whatever timeframe it can often be difficult to interpret the price action, particularly when a market has been in a […]
Gold continues to lose its shine
For gold investors and gold bugs, the current malaise in the price of gold is both relentless and remorseless with each minor rally promptly engulfed […]
Do turkeys vote for Christmas ?
Well clearly the answer is no and the Greek turkeys have done the same. No great surprise, and perhaps even less so when you consider […]
Panic – what panic? Not according to gold!
Panic – what panic. Not according to the price of gold and whilst other markets have seen extreme volatility with equities plunging, currency pairs opening […]
Dr copper remains in intensive care!
Copper, like many other commodities holds a mirror to the Reuters Jeffries CRB index, which continues to wallow in a sea of bearish sentiment on […]
Oil price war continues as OPEC tighten the screw
As we come towards the end of another trading month, crude oil price remain firmly rangebound as OPEC’s policy of taking on the alternative energy […]
A quartet of commodities approach key levels
A quartet of commodities have all seen identical price action on the day, and are now approaching key levels as a result. For gold bearish […]
There’s only one game in town for oil traders longer term!
For longer term oil traders, it is perhaps the weekly chart which sums up most concisely the current price action for the commodity, which could […]
Even the US dollar fails to spark gold or silver into life
It is perhaps significant, that even today’s tumble in the US dollar, has failed to provide any upwards momentum for either gold or silver, with […]
Copper prices continue to fall and move below key support
The bearish trend for copper continued once again on Friday, with the commodity closing with a wide spread down candle and ending the week at […]
Oil bears take control once again
It’s been an interesting few days for oil traders as OPEC’s decision and comments to take on the alternative energy market head to head in […]
Patience for gold investors – the good days will return!
Whenever I begin to write any analaysis of the gold chart I always do so with a slightly heavy heart, as I am very conscious […]
Another false dawn for gold bugs ?
For gold bugs and longer term gold investors, it’s been another frustrating week as a further attempt to rally came to a shuddering halt on […]
Copper and base metals falls on strong USD and weak Chinese data
Copper, along with several of the other principal base metals fell sharply this week as a resurgent US dollar drove many commodities lower, with both […]
Some good news for gold bugs at last!
Last week was a positive one for both gold traders and investors, in spite of the longer term outlook for the precious metal still looking […]
WTI oil futures continue to build bullish momentum
Whilst one swallow does not a summer make, it was another positive day for the price of oil yesterday, with the WTI June futures contract […]
Volatility ebbs away for gold as it continues to consolidate
With the US dollar currently in a consolidative phase, gold is also pondering its next move as it continues to trade within a tight range. […]