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 […]
gold forecast
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 […]
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 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 […]
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 […]
Silver market forecast 15 Feb 2013
Like gold, silver too is heavily bearish with the silver price on the March contract now breaking through the 200 ma and moving deeper in […]
Gold market analysis 15 Feb 2013
Bearish sentiment continues to build on the gold chart with the March contract now gathering momentum to the downside, helped along by the classic “death […]
Silver futures set to break higher
March silver futures followed much the same pattern as gold futures yesterday, closing the session with a narrow spread down candle and ending at $31.71, […]
Gold & Silver Analysis 28 Jan 2013
As outlined in my post of 21 Jan 2013 silver did indeed run into headwinds at the $32.50 price point – in fact posting an […]
Silver Chart Analysis 21 Jan 2012
Silver bulls were enormously cheered last week as the industrial metal finally broke out of its narrow trading range with the March futures contract closing […]
Silver Chart Analysis 9 Jan 2013
Whilst the chart pattern of the daily silver futures chart mirrors that of gold, there are some crucial differences which may perhaps give us some […]
Silver prices forecast – 22nd December 2012
Silver followed a similar pattern to gold on Friday, as safe haven markets rallied with risk appetite evaporating ahead of the weekend, as markets absorbed […]