WTI remains rangebound
The September WTI crude oil contract continues to oscillate between $91.50 to the downside and $97 to the upside, refusing to attack the $100 per […]
Commodity Market Analysis
Dollar weakness fails to help gold move higher
The daily gold chart for August gold futures, neatly summarizes the curious confluence of market forces which have been thrown seriously out of kilter recently […]
Gold price now at key level on the daily chart
Following a highly emotional trading week, markets have resumed this morning on a positive tone after the extended holiday in both the US and the […]
Crude oil poised to move higher
Since my last post on the WTI futures contract, the commodity has continued to oscillate in a relatively narrow range, with the upper level of […]
Now three books on Amazon (and another two coming soon!) – grab yourself a copy at these launch prices!
And NOW in paperback too – order your copy TODAY! Here’s what people have been saying on Amazon, after buying the Kindle version: A Fantastic […]
Silver now building a pennant pattern on the daily chart
Whilst gold has managed to struggle and claw it’s way higher following the sharp sell off in mid April, silver has remained waterlogged on the […]
Crude oil now finely balanced above support level
An interesting period of price action for oil traders over the last few days, as the short term negative sentiment of early May was duly […]
Silver Remains Bearish
Whilst silver bulls are no doubt relieved to have seen a halt to the recent downwards roller coaster ride for the industrial metal, the last […]
WTI Struggling To Regain Bullish Momentum
Following the bullish recovery for crude oil of the last two weeks, which saw the commodity recover from the lows of $86 per barrel to […]
Gold futures on the 5 minute chart – a different perspective!
A very short post just to round off the week, with the June GC gold futures contract on the five minute chart. I normally post […]
Silver price prediction based on hope!
Silver futures continued to trade in a narrow range once again today, desperately trying to find some traction in the $22 per ounce level, following […]
Recovery in gold price looking weak
With the price of gold having staged a modest recovery last week, the question everyone is asking is whether this is simply a reaction to […]
Copper now on life support
Just over a couple of weeks ago, I wrote a post about copper entitled – Dr copper requires some medical attention. Well I guess this can […]
Gold and silver in the eye of the storm
” Does the Flap of a Butterfly’s Wings in Brazil Set Off a Tornado in Texas” comes from Chaos Theory to describe how tiny variations […]
Analysis and forecast for silver prices
I thought it was time to take a detailed look at the silver market once again today, as it’s a while since my last post […]
Soybean futures remain bearish following hammer candle
As the shock waves subside from the recent USDA report at the end of March, which sent the soft commodities plunging lower, Soybean futures, along […]
Gold now testing key support levels again at $1555 per ounce
The sorry state of affairs for gold bugs continued once again yesterday, with the June gold futures contract ending the electronic session with a wide […]
Perfect hammer candle and volume signalled Friday’s positive day for gold!
June gold futures staged a modest recovery on Friday, ending the day with a wide spread up candle and closing the week at $1575.90 per […]