Where gold goes…silver follows
The savage reaction in gold yesterday surprised even me, and following my gold post of yesterday morning, I thought it would be apposite to follow […]
The savage reaction in gold yesterday surprised even me, and following my gold post of yesterday morning, I thought it would be apposite to follow […]
Whilst the precious metals collapsed and turned heavily bearish, copper too is having its own battles to maintain the bullish trend of the last few […]
The metronomic price action for gold is continuing to play out once again on the daily chart, with the rally of late September starting to […]
Crude oil managed to find some bullish momentum last week largely as a follow through to the OPEC meeting which announced it would be cutting […]
The bullish trend for copper that I signaled in a post earlier in the month, now appears to have come to a halt, with the […]
The technical support platform in the $1305 per ounce area came to the rescue of gold once again last week, with five consecutive days of […]
As summer transitions into Autumn, there seems to be little change in the sentiment for gold, which continues to remain rangebound on the daily chart, […]
Despite comments from Venezuela suggesting an agreement to cut output, that has resulted in a bounce for oil this morning, last week was another negative […]
Copper received a much needed boost overnight from China with both factory output and retails sales increasing at a faster pace than expected in August, […]
This morning’s IEA supply report has suggested demand would remains weak into 2017, and with a downward revision to its demand forecast, this has added […]
Yesterday was, once again, another negative day for silver, which continued lower for a fourth consecutive session, opening gapped down from Friday’s close before ending at […]
The The weekly chart for the CRB index once again confirmed the weakness for the commodity sector in general, closing at 183.46 and well off […]
As global markets return to business after the summer recess, and commodity markets attempt to find some much needed traction, the story for copper is […]
Last week was a more positive one for silver which finally found some much needed upside momentum following the recent bearish picture on the daily […]
Another bad week for commodities in general with the CRB index reflecting the bearish sentiment currently in place across the complex. This weakness was triggered […]
Oil prices have continued to remain pressured once again this week as a confluence of fundamental and technical forces combine to maintain bearish sentiment. And […]
Gold prices continue to remain locked in a tight range ahead of today’s key statement from the US FED, and with interest rates likely to […]
The longer term recovery for oil which peaked in the $52 per barrel area last month, is now reversing once more and picking up bearish […]
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