Crude oil now finely balanced above support level
An interesting period of price action for oil traders over the last few days, as the short term negative sentiment of early May was duly […]
Commodity Market Analysis
Silver Remains Bearish
Whilst silver bulls are no doubt relieved to have seen a halt to the recent downwards roller coaster ride for the industrial metal, the last […]
WTI Struggling To Regain Bullish Momentum
Following the bullish recovery for crude oil of the last two weeks, which saw the commodity recover from the lows of $86 per barrel to […]
Gold futures on the 5 minute chart – a different perspective!
A very short post just to round off the week, with the June GC gold futures contract on the five minute chart. I normally post […]
Silver price prediction based on hope!
Silver futures continued to trade in a narrow range once again today, desperately trying to find some traction in the $22 per ounce level, following […]
Recovery in gold price looking weak
With the price of gold having staged a modest recovery last week, the question everyone is asking is whether this is simply a reaction to […]
Copper now on life support
Just over a couple of weeks ago, I wrote a post about copper entitled – Dr copper requires some medical attention. Well I guess this can […]
Gold and silver in the eye of the storm
” Does the Flap of a Butterfly’s Wings in Brazil Set Off a Tornado in Texas” comes from Chaos Theory to describe how tiny variations […]
Analysis and forecast for silver prices
I thought it was time to take a detailed look at the silver market once again today, as it’s a while since my last post […]
Soybean futures remain bearish following hammer candle
As the shock waves subside from the recent USDA report at the end of March, which sent the soft commodities plunging lower, Soybean futures, along […]
Gold now testing key support levels again at $1555 per ounce
The sorry state of affairs for gold bugs continued once again yesterday, with the June gold futures contract ending the electronic session with a wide […]
Perfect hammer candle and volume signalled Friday’s positive day for gold!
June gold futures staged a modest recovery on Friday, ending the day with a wide spread up candle and closing the week at $1575.90 per […]
Alarm bells ringing for gold bugs!
With commodities in general taking a hammering in the markets at the moment, neither silver or gold have escaped. In the last two days, the […]
The mad world of the US dollar
For those of you reading this, and old enough to remember, there was a comedy film many years ago with Spencer Tracy in the lead. […]
Silver bulls need bulls of steel now
Well, we had to wait a long time for it to arrive, but the breakout in silver is finally here, and for those of you […]
Corn, oats and soybean all plunge on USDA report
What an end to the month! If traders in soft commodities were expecting a quiet end to the first quarter of 2013, there was a […]
Gold bugs hoping for some Spring sunshine
Gold continued to trade in a narrow range once again yesterday, with the April gold futures contract closing marginally lower and ending the gold trading […]
May crude oil futures continue to remain bullish
May crude oil futures continued to climb higher once again in yesterday’s trading session, closing at $96.51 per barrel, with a narrow spread up candle […]