Bearish sentiment for gold accelerates with volume leading the way
The last few days have seen some clear and unequivocal signals from the gold futures chart, that the precious metal is on the way lower, […]
Commodity Market Analysis
Gold remains heavily bearish on the daily chart
Gold futures sold off sharply once again yesterday, with the precious metal plunging through the $1300 per ounce level, to close the trading session for […]
Volume & big draw in inventories combine to help oil futures
Crude oil futures finally managed to find some bullish momentum today, courtesy of the oil inventories from Cushing, which helped oil to reclaim the $100 […]
Where gold goes – silver follows!
The plunge in gold prices yesterday, rocked the markets with the precious metal shedding over $30 per ounce in the futures market as the big […]
Pump and dump – a classic example on gold!
For those of you reading this analysis who are perhaps unfamiliar with the term, pump and dump, let me explain it briefly for you. It […]
Oil comes under increasing pressure
WTI crude oil futures continued their journey South once again today, and as we come to the end of another week, the commodity continues to […]
Gold breaks out of key congestion as fear takes hold!
In the past couple of days we have seen extreme and unusual price activity in the December gold futures contract with yesterday’s volume exceeding that […]
Oil prices continue to remain bearish – $100 per barrel in sight!
Oil prices continued to move firmly lower once again in yesterday’s oil trading session with the WTI futures contract for August closing at $102.29 per […]
Gold struggles to maintain bullish momentum
Gold is now coming under increasing pressure, not only from a technical perspective, but also from a fundamental one, with the ramifications of the London […]
Oil prices continue to drift lower in early trading
Oil continues to find it hard work, building on the bullish breakout of mid June, having moved into a sustained phase of price congestion over […]
Gold looks like a trap up move!
As another trading month comes to an end, gold traders will be watching wondering and waiting as the precious metal is once again poised delicately […]
Bullish sentiment for silver returns, but for how long?
For metal investors, whether in gold or silver the last few months have been a torrid time, with June’s bullish momentum for both metals providing […]
Crude oil futures reverse on short term weakness
Crude oil futures continue to find it hard work moving higher, with the August WTI contract failing to breach the $107.50 per barrel level, with […]
Crude oil futures pick up their bullish momentum again
Crude oil futures have once again regained their bullish tone, following the pause and reversal earlier in the week, which saw the July WTI contract […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Gold recovers, but the rally looks weak
On the daily gold chart we are at an interesting phase of price action. The weakness in the price of gold has been clearly evidenced […]
Bullish tone for oil with Chinese data the catalyst
On a relatively quiet day in terms of fundamental news, markets were left to reflect on Friday’s NFP data and the statements from the ECB […]
Oil prices pause once again at stubborn resistance level
Oil appears to have run out out of steam once again, following the bullish rally during May, with $104 per barrel once again proving to […]