A quartet of commodities approach key levels
A quartet of commodities have all seen identical price action on the day, and are now approaching key levels as a result. For gold bearish […]
Commodity Market Analysis
There’s only one game in town for oil traders longer term!
For longer term oil traders, it is perhaps the weekly chart which sums up most concisely the current price action for the commodity, which could […]
Even the US dollar fails to spark gold or silver into life
It is perhaps significant, that even today’s tumble in the US dollar, has failed to provide any upwards momentum for either gold or silver, with […]
Copper prices continue to fall and move below key support
The bearish trend for copper continued once again on Friday, with the commodity closing with a wide spread down candle and ending the week at […]
Oil bears take control once again
It’s been an interesting few days for oil traders as OPEC’s decision and comments to take on the alternative energy market head to head in […]
Patience for gold investors – the good days will return!
Whenever I begin to write any analaysis of the gold chart I always do so with a slightly heavy heart, as I am very conscious […]
Another false dawn for gold bugs ?
For gold bugs and longer term gold investors, it’s been another frustrating week as a further attempt to rally came to a shuddering halt on […]
Copper and base metals falls on strong USD and weak Chinese data
Copper, along with several of the other principal base metals fell sharply this week as a resurgent US dollar drove many commodities lower, with both […]
Some good news for gold bugs at last!
Last week was a positive one for both gold traders and investors, in spite of the longer term outlook for the precious metal still looking […]
WTI oil futures continue to build bullish momentum
Whilst one swallow does not a summer make, it was another positive day for the price of oil yesterday, with the WTI June futures contract […]
Volatility ebbs away for gold as it continues to consolidate
With the US dollar currently in a consolidative phase, gold is also pondering its next move as it continues to trade within a tight range. […]
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 […]
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 […]
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 […]
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 […]