Stopping volume now appearing on the daily gold chart
It’s been a roller coaster ride for gold over the last couple of months with the precious metal first rallying almost $200 per ounce, and […]
Commodity Market Analysis
Is Dr copper still the bellwether of global economies?
In considering the daily chart for copper, there are several questions that instantly come to mind. First, is copper any longer the bellwether it once […]
Bullish tone continues for gold on breakout
Of all the markets and instruments that I comment on and write about, none attracts more strongly differing opinions than gold. Indeed I only have […]
Bullish momentum for oil now coming to an end?
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per […]
Bullish tone for gold set to continue
Gold’s recent bullish momentum appears to be holding firm for the time being, and indeed February has been a positive month with only minor pullbacks […]
The sun starts to shine again for gold bugs
As I have written many times before it has been a torrid time for gold bugs, who have seen the precious metal collapse from the […]
The growling bears retreat into the woods!
Looks like the markets just about managed to avoid a mauling by the bears, who have now temporarily retreated to lick their wounds! As mentioned […]
An analysis of gold for speculators and investors
In writing any market analysis, I am always conscious of two things. First, it is very easy to forget that the associated buying and selling […]
Are we seeing a paradigm shift in gold?
For gold bugs, 2013 was certainly a year to forget with the precious metal continuing its remorseless journey lower, a journey punctuated with minor rallies […]
Now the focus is on the US dollar
Ahead of Janet Yellen becoming FED chair focus has turned to the USD dollar and whether it is now set for a period of sustained […]
Welcome to another trading year!
First of all, a very Happy New Year and may I wish you all a bright, joyful and very profitable 2014. As I have been […]
Oil futures continue with bullish tone – breaking through $100 per barrell
Crude oil futures look like ending 2013 in a positive mood with the March contract currently breaking through the psychological $100 per barrel price point […]
Gold futures trading lower on Globex
These are unhappy times for gold bugs as the precious metal continues to struggle, with each rally higher failing to gather any momentum, before collapsing […]
Black and yellow gold tipping over the edge!
Regular readers of this blog will know that I often comment on both the gold and oil market, and today has been a seminal one […]
Gold bulls have to be nimble on the hoof these days!
Whilst the medium term trend for gold is certainly bearish, and indeed has become ever more so following the break below the key support level […]
Gold crashes through the technical tipping point
In the last few days, I suggested the precious metal was looking weak and was approaching some key levels. Yesterday was a particularly torrid day, […]
WTI still bearish
The December contract for WTI continues its heavily bearish tone with the contract moving lower once again in yesterday’s oil trading session to close at […]
Gold picture looking bleak
It’s not been an easy time for gold bugs who are, once again, running out of hope that the precious metal will ever show any […]