Gold waiting for an injection of momentum…..from the FED?
The journey higher for gold is far from straightforward as the precious metal continued its volatile and jerky price action intraday. Last week’s price action […]
Commodity Market Analysis
Back to where we started for oil
At the start of a new month the fundamental news cycle begins afresh, and all eyes were on the ISM figures for the US which […]
The sun is shining for gold bugs
For gold bugs, last weeks price action was hugely encouraging for several reasons and is a sentiment that has followed through into early trading at […]
Oil trading in the US futures session on NinjaTrader – tick and time charts
In this session, we focus on trading oil on the NinjaTrader platform and the CL contract with some excellent scalping trades on both tick and […]
Will momentum in gold follow through?
The positive start to this week for gold, was in sharp contrast to last week’s lacklustre performance, which saw the precious metal trade in a […]
The pattern for gold
Whilst the precious metal continues to deliver intraday trading opportunities, for gold investors and gold bugs, the price action of the last few months has […]
Where next for oil prices?
The question everyone is asking is where is the oil price heading next in the medium term, and for a possible answer we need to […]
The key levels on the weekly gold chart
The weekly chart for gold makes interesting reading and reinforces what we are seeing in terms of longer-term moves for the precious metal, and once […]
Oil continues it’s bullish momentum following breach of resistance
In my post of the 28th March, I suggested that we were seeing a strong platform of price support develop in the $57.80 per barrel […]
Oil’s stately progress higher dented by inventory build
Since the start of the year, the progress for oil could best be described as stately, and over the last few days, we once again […]
More patience required from gold investors
Gold investors must be wondering when the precious metal will find some sustained momentum and finally break free from the trading range which has seen […]
Oil now developing bullish momentum
The daily chart for oil this year could best be described as lacklustre as oil prices have been in an extended phase of congestion, following […]
US dollar and gold in the spotlight
A check on the US dollar ahead of this week’s NFP along with gold with some great volume price analysis lessons.
A tough day for index traders, but not for gold speculators
Another day trading the indices where patience was required in abundance with the YM, NQ and ES all treading water following the Advance GDP release […]
Gold waits on FOMC
For gold investors the break of the strong resistance at $1340 is hugely significant, a move that has been helped by a weaker USD as […]
Gold facing strong resistance
As mentioned previously $1320 and $1340 levels still key for gold as a rising USD has added to the of the precious metal, and both […]
Gold get’s a helping hand from a friend
There’s a very popular song which has the line ‘I get by with a little help from my friends’, and for gold this is most […]
Gold finally takes a peek over $1300
Gold has finally managed to take a peek over the key $1300 per ounce price point helped along by a weakening USD. However, the monthly […]