Commodity Blog

Commodity Trading Videos

This video presents a short-term technical analysis of the spot gold chart based on the Japanese candlestick patterns. The period of the last 15 days is reviewed, marking up the most important daily candles and the support/resistance levels that were formed by these candlesticks. In the end the short-term target for the gold is given. I recommend watching this video if you want to profit from the next few days’ move in gold disregarding your current long-term stance on this commodity.

In this video ONN’s Kevin Cook and David Hightower from www.futures-research.com talk about the recent developments in the copper stocks and the drawdown in the U.S. oil refinery. Big copper consumers a simply stockpiling copper, while the falling crude refinery rates suggest that in a short-term perspective the economy will continue to decline, pulling the commodities down. But the general supply and demand picture didn’t change much, as the normal supply is still higher than the demand in most commodities, suggesting a long-term bullish picture.

The technical analysis of the spot gold, presented in this video, employs a rather interesting theory based on the long-term super cycles, according to which the gold is rising since 2006. These cycles run for 21–23 months and currently we are in the beginning of the third cycle. A cycle has a parabolic shape and begins with a decline and after 6–8 months switches to growth, ending with a new record maximum. So, for the long-term traders it’s still a good opportunity to sell, holding a short gold position for about a half a year and then buy, aiming to catch another peak. Of course, cycles aren’t surefire and you shouldn’t risk too much, relying on such kind of analysis.

The author of this video approaches with to the gold and USD analysis with the help of Elliott Waves, Fibonacci retracements and the average lifespan of the gold cycles. According to this technical analysis the gold can retrace at least to $750/ounce as the bullish series of Elliott Waves are over. In case the the widening channel is broken on the gold chart, the commodity may go down to the early 2000’s levels. Meanwhile the dollar will probably continue to trade inversely to the gold, making it a good indicator for the commodity markets. Watch the video for the charts and more interesting details:

This video is a medium-term analysis of the spot gold chart with some predictions based on the trend analysis, support and resistance levels and Fibonacci retracement. Although the gold behaved in a very bearish manner during December, the current month looks to be promising for this shiny commodity. The gold may continue its long-term rising trend in January with some profit potential for the bulls and an opportunity to go short from the higher point for the bears.

The presented video analyzes the latest technical developments of the spot gold chart. The proposed technical analysis is based on the trendlines and the support and resistance levels. The offered trading opportunities can be considered rather short-term and a great deal of caution should be applied if you are buying or selling gold with the long-term targets.

This 10-minute video contains many technical chart reviews for the popular trading commodities. The long-term end of the year (2009) review helps the traders to understand how the trends may continue to move in 2010. The author of this video reviews in details the technical picture forming on the charts of the following commodities: soybeans, bean oil, corn, wheat, oats, silver, gold, palladium, platinum, sugar, cotton, orange juice, coffee, cocoa, crude oil, natural gas, heating oil and other trading instruments, including some of the currencies.

Gold looks to be a very popular commodity for all kinds of traders these days. Expectations for the higher inflation and general financial uncertainty drive unprofessional investors into the gold market, which helps the hedge funds to make money on the rallying commodity. This video technical analysis of the short-term gold charts show some important support and resistance levels, as well as the Fibonacci retracements, that may be used as the pivotal points for position entry and exit.

This short commodity trading video, featuring a technical analysis of a spot gold chart, implies that the current bullish state of the gold market is to last at least until $1,300 is reached. The author of the video also talks about strong pull-backs that are inevitable during such fast and long-lasting growth as with the gold. These pull-backs aren’t dangerous for the overall upward trend but can be used by the traders as the better entry points into this market.

This gold trading technical analysis video brings up the update of the current market situation with this popular commodity. The author of the video demonstrates an inverted Head and Shoulder chart pattern that formed on a daily chart since March 2008 and triggered a strong bullish trend in early October this year. The technical analysis suggests next long-term targets at $1,250-$1,300 per ounce. But the speculative and highly emotional nature of the bullish gold market can push it significantly above those levels.