Volume price analysis holds the key for silver
As the old saying goes, another day and another dollar. Well not quite, and for silver traders it’s getting to the stage where a dollar […]
Commodity Market Analysis
WTI crude oil futures continue in bullish tone
Crude oil futures started the week in bullish tone, with the April WTI contract closing higher at $94.81 per barrel, up almost $1.50 in the […]
Where next for WTI crude oil futures following week of indecision?
This was a week of indecision for crude oil futures, with the May WTI contract ending marginally higher, following five days of price action which […]
Soybean futures prepare for 1485 cents per bushel – again!
May Soybean futures appear to be ending the week, much as where they started, trading in a tight range between 1400.00 to the downside and […]
Gold now building rising triangle pattern on the daily chart
Gold continued to ease higher once again yesterday, with May gold futures on Globex closing at $1613.80 per ounce, up just over $8 per ounce […]
Dr copper requires some medical attention!
Doctor copper is anything but on the daily chart, as the May futures contract traded lower once again today, following yesterday’s sharp sell off, which […]
Gold futures breaking above $1600 per ounce in early trading
April gold futures have picked up the bullish tone which began to develop towards the end of last week, helped by the news from Cyprus. […]
Silver futures preparing for bullish breakout?
Silver continued to trade in a tight range once again last week, with the May silver futures contract closing on Friday at $28.85 per ounce, […]
Gold futures remain bearish despite modest gains yesterday
Gold bugs finally had something to cheer about today as April gold futures finally awoke from their recent slumbers, trading higher in today’s session, and […]
May Soybean futures prepare to break above 1580
Soybean futures is one of several commodities that have been trading in a narrow range recently, and following last week’s price action, are now delicately […]
Gold market analysis 7 March 2013
Gold futures continued to trade in an extremely narrow range again yesterday, ending the trading session as a tiny doji candle and replicating the price […]
Silver chart analysis
Silver futures have followed a similar pattern to gold this week having first attempted to recover some lost ground before ending yesterday’s trading session with […]
Gold prices hesitant
The unholy trinity of fundamental events which traders have had to face this week, namely the Italian elections, the Ben Bernanke 2 day testimony ends […]
Gold price slide halted
In a trading week dominated by politics in the shape of the US budget sequester on 1st March, testimony from Fed Chairman Ben Bernanke and […]
Silver at key price point
At the end of another lively trading week silver futures continue to remain heavily bearish on the weekly chart, despite a modest recovery in Thursday’s […]
Sharp sell off in oil following FED minutes
Crude oil futures was another commodity which sold off sharply yesterday, largely driven by dollar strength with the March contract ending the session with a […]
Silver chart analysis 21 Feb 2013
Silver futures too continue to move sharply lower, aided and abetted by yesterday’s release of the FOMC minutes which the market has interpreted as being […]
Gold futures still bearish
April gold futures finally broke below the $1600 per ounce level this week, touching an intra day low of $1558, before recovering to end the […]