Gold breaks out of key congestion as fear takes hold!
In the past couple of days we have seen extreme and unusual price activity in the December gold futures contract with yesterday’s volume exceeding that […]
Commodity Market Analysis
Oil prices continue to remain bearish – $100 per barrel in sight!
Oil prices continued to move firmly lower once again in yesterday’s oil trading session with the WTI futures contract for August closing at $102.29 per […]
Gold struggles to maintain bullish momentum
Gold is now coming under increasing pressure, not only from a technical perspective, but also from a fundamental one, with the ramifications of the London […]
Oil prices continue to drift lower in early trading
Oil continues to find it hard work, building on the bullish breakout of mid June, having moved into a sustained phase of price congestion over […]
Gold looks like a trap up move!
As another trading month comes to an end, gold traders will be watching wondering and waiting as the precious metal is once again poised delicately […]
Bullish sentiment for silver returns, but for how long?
For metal investors, whether in gold or silver the last few months have been a torrid time, with June’s bullish momentum for both metals providing […]
Crude oil futures reverse on short term weakness
Crude oil futures continue to find it hard work moving higher, with the August WTI contract failing to breach the $107.50 per barrel level, with […]
Crude oil futures pick up their bullish momentum again
Crude oil futures have once again regained their bullish tone, following the pause and reversal earlier in the week, which saw the July WTI contract […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Gold recovers, but the rally looks weak
On the daily gold chart we are at an interesting phase of price action. The weakness in the price of gold has been clearly evidenced […]
Bullish tone for oil with Chinese data the catalyst
On a relatively quiet day in terms of fundamental news, markets were left to reflect on Friday’s NFP data and the statements from the ECB […]
Oil prices pause once again at stubborn resistance level
Oil appears to have run out out of steam once again, following the bullish rally during May, with $104 per barrel once again proving to […]
A critical week for gold
For gold bugs, 2014 promised so much following its long decline in 2013, which saw the precious metal lose over $500 per ounce. The first […]
Yesterday’s price action confirming weakness in oil
If any further evidence were needed of the bearish sentiment towards oil, yesterday’s price action confirmed this weakness once more, as the commodity attempted to […]
WTI oil futures now preparing to break below $100 per barrel
Whilst commodities such as nickel and coffee have been offering longer term investors excellent returns this year, and with soybeans set to join the party […]
Silver prepares to rally … along with gold!
Longer term investors in both gold and silver have no doubt become increasingly frustrated over the last few months, as first the metals gain some […]
Are commodities a better long term bet?
For longer term investors, equity markets have generally remained the risk asset class of choice. However, with equities around the world now finding it hard […]
Crude oil futures pause ahead of oil inventory data
The recent bullish trend for crude oil, appears to be running into a stubborn area of price resistance on the daily chart in the $104.50 […]