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Using the CFTC cot report for market sentiment

For those of you who follow my regular forecasts and updates will already know that I primarily trade in both commodities and forex using my own unique analytical methods which I call transactional trading. Last month I was invited by the CME to talk about the...

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Gold Rate

The gold spot price ended yesterday’s gold trading session as a wide spread up candle which gave us a bullish engulfing signal as we reversed Wednesday’s losses to close back above the 9 day moving average once again and ending at $1343.55.  As such, yesterday’s...

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Gold Trading Analysis 16 Sep 2009

Yesterday’s gold trading price continued the bullish momentum for spot gold ending the trading session with an up candle but with a deep lower wick suggesting that we should see a stronger move higher in gold prices in the gold term.  Indeed this view is...

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Gold Price 15 Sep 2009

Another interesting day for gold traders yesterday, with spot gold prices once again flirting at the $1000 per ounce level, initially opening gapped up above this price point, but finally ending the gold trading session marginally below.  From a technical perspective yesterday’s candle ended with...

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Gold Trading – Gold Trading Chart 20th August 2009

A somewhat desultory day for gold trading today which ended the trading session in a tight range bounded between the 9 and 40 day moving averages.  Technically today’s candle was similar in many respects to yesterday’s with a relatively narrow body and lower shadow although...

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Gold Trading Analysis 18 August 2009

As spot gold prices continued to slide yesterday I hope you were able to take some profits on the way down as gold trading ended the session on a wide spread down bar which broke below the 40 day moving average closing deep within the...

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