Gold consolidating and moving to test key support…again
The extended consolidation phase for gold has continued once again this week with no end in sight just yet, and with bond markets now in […]
May 2015
WTI oil continues to move higher ahead of inventories
It was another positive day for crude oil which continued its recent bullish momentum, moving firmly through the $60 per barrel price point to close […]
USDX at key tipping point this week
After the big fight at the weekend, the focus has shifted from Las Vegas back to Wall Street where the heavyweight contenders are now taking […]
CRB index now testing a key level
For commodities, and in particular some of the ‘premier league’ stars such as oil and copper, the last twelve months has seen sustained falls with […]
Mining and commodity stocks reflecting bullish momentum
With the CRB index now rebasing and base commodities starting to recover, mining and mining related stocks are now also reflecting the general uptrend, with […]
Bullish momentum continues for copper prices
Last week was another positive one for the price of copper, which continues to push its way higher, following the sustained downwards trend of 2014, […]
Oil builds bullish momentum following breakout
Much like gold, this was an interesting week for oil which until Thursday, had struggled to breach the well developed area of resistance that had […]
An exciting week ahead for traders in the GBP
Much as expected the recent bullish trend for Cable came to a shuddering halt on Friday, with the GBP/USD selling off sharply and wiping out […]
Gold…..good news for speculators, bad news for investors
It was an interesting week, to say the least, for gold traders and investors, with the former no doubt enjoying the dramatic and volatile moves […]