The US dollar : ‘the reports of my death have been greatly exaggerated’
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
Commodity Market Analysis
Gold now delicately balanced on the tipping point!
For those of you who follow my regular market analysis will know that not only do I enjoy trading gold, I also enjoy writing it […]
$100 per barrel continues to hold for oil – just!
Another week of restrained price action for crude oil, with the December futures contract closing at $103.84 per barrel, up just over $1.40 per barrel […]
Where have the halcyon days of summer gone, for gold?
For commodity traders, perhaps the opening of the classic novel A Tale of Two Cities, best describes the price action for gold over the last […]
Volatility, vigilance and volume – the three V’s to success!
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]
What are the driving forces for oil at present?
One of the questions that commodity traders constantly ask themselves, is the often imponderable one of ‘what is driving the price’, and for oil at […]
Bullish momentum waxes and wanes for gold
To say that it has been volatile this week would be a gross understatement, but for gold traders in particular, Wednesday’s price action was certainly […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]
Gold bounces back
Gold futures continue to trade in a relatively narrow range moving between 1360 per ounce to the downside and 1420 per ounce to the upside, […]
Crude oil remains volatile
In my previous post on oil I suggested we were waiting for a clear breakout from the recent extended phase of sideways price congestion which […]
Gold preparing to breakout – higher this time!
Despite the recent minor pullback in the price of gold, which has seen the precious metal retest the $1380 per ounce price point in the […]
Markets now preparing for dramatic end to 2013
As we all know trading during the summer months has always been tricky with thin liquidity adding an extra layer of volatility, but yesterday’s Labor […]
Win/win for the price of gold!
Is the worst over for gold bugs? Well it would certainly seem so, as we now have a confluence of factors which should all help […]
Prepare for possible breakout in oil
Whilst stock traders would have done well, to sell in May and go away, oil traders may also now be wishing they had followed this […]
Where next for WTI crude oil futures?
The WTI September crude oil futures contract is now building into an interesting phase of price action, and in many ways is mirroring a similar […]
Two (not three, just yet) cheers for gold bugs
An interesting trading session for gold bugs today, as the precious metal appears to be attempting to breakout of its recent malaise in the $1280 […]
Crude oil futures now testing key level
An interesting technical picture is now starting to develop on the daily chart for crude oil following a period of some volatility in the light […]
Gold continues to remain very bearish
A quick update on last week’s post (where next for gold) in which I suggested further movement to the downside for the precious metal, and […]