Volume reveals the truth behind the price action for WTI oil futures
The sharp sell-off for crude oil following OPEC’s announcement regarding supply management gave us another classic example of volume price analysis in action on the […]
Commodity Market Analysis
Doctor copper looking rather sick
The extended bullish run for copper has most certainly come to an end for the time being, and if the Doctor copper moniker is to […]
Reasons to be cheerful for oil bulls
With the OPEC meeting front and centre stage, it’s time to consider the daily chart for the WTI futures contract once again as we come […]
It’s all here from this morning’s trading session with forex, stocks, cryptocurrencies and futures using volume price analysis
A great trading session this morning which overran by some distance so I have broken it up into four videos which are listed as 1 […]
Another solid week of gains for crude oil – so where next?
As expected it was another positive week for crude oil for the WTI August contract which closed at $74.05 per barrel, with bullish sentiment continuing […]
Is Marathon oil (MRO) set to make a marathon comeback?
Marathon Oil is certainly one stock to have on the radar right now and for several reasons, based on the daily chart, but also across […]
Where next for silver as a proxy for gold
When considering the likely future direction for gold it’s often helpful to drop in on silver and see where its less illustrious but industrially important […]
The question now – where next for gold?
With many traders and investors wondering why gold cratered following the FED last week, it’s time to step back from the daily timeframe and take […]
Another positive week for crude oil as expected with more to come
In last week’s post on oil, I suggested that WTI was heading towards $85 per barrel which drew some interesting comments considering it was trading […]
Gold struggles in a morass of volume resistance
Last week was a struggle for gold which ended the week lower at $1879.60 per ounce and the precious metal has started the week with […]
Oil now set to pick up the pace and on towards $85 per barrel
For an analysis of oil, I’m staying with the weekly chart as this really does make the technical picture extremely clear and one which I […]
Soybean – just another measure of inflation
If inflation is a measure of anything it is in the soft commodities where we are likely to see the first signs developing, and therefore […]
Is oil set to break out from congestion on the daily chart?
For the purposes of this post on oil I’ve moved to the weekly chart for the commodity which continues to test the extremely strong level […]
Another solid week for gold
Gold put in another solid performance with the precious metal moving higher and continuing to extend the bullish trend which saw it climb through the […]
Another positive week for gold with more to come
It was another solid week for gold, which as expected continues to bank gains as the longer-term bullish trend gathers pace on towards the $2,000 […]
The key technical level for oil on the daily chart
As we start another trading week I’ve simplified the daily chart for WTI oil to show more clearly the key technical levels which continue to […]
Trading futures with inflation now on the horizon and ahead of the FOMC
There is one fundamental item of news which is is increasingly dominating the headlines and that’s inflation, which is great for gold bugs but perhaps […]
Three technical reasons oil is rangebound
For a longer-term perspective on crude oil, I’ve stepped up to the weekly chart as oil continues to congest in the $60 to $65 per […]