Is Gold Entering a Trend Reversal?
December 10, 2009 3:25 pm by Anton EljwizatGold slid to as low as $1121.30 an ounce early today, which is largely owed to the USD’s gains vs. the EUR in early trading. In the past week, Gold has made a significant downward correction, which can be directly ...
Gold Hits $1215 Level
December 2, 2009 4:16 pm by Anton EljwizatGold climbed to a record high at $1,215 on Wednesday as a weakening dollar boosted demand for the commodity as an alternative investment. As I will demonstrate below, the price of gold may very well be heading for a reversal. ...
Gold Drops Below $1,040
October 27, 2009 3:43 pm by Anton EljwizatGold prices dropped below $1,040 per ounce on Tuesday, after falling the previous day by more than 1% on a jump in the dollar from a 14-month low versus the EUR. However, I will illustrate below that the gold may ...
Crude Oil Expected to go Bearish Today
October 23, 2009 1:47 pm by Anton EljwizatCrude oil prices rose significantly in the last week and peaked at $81.27 for per barrel. However, However, I will illustrate below that the crude oil may very well be heading for a reversal. Forex traders can take advantage of ...
Gold Trades around $1,060
October 22, 2009 9:34 pm by Anton EljwizatGold prices was steady around $1,060 an ounce on Thursday, not far from the record high marked last week as it drew investors hedging against a weaker dollar and concerned over inflation stemming from strong oil prices.
Gold on Bullish Run
October 22, 2009 4:03 am by Anton EljwizatGold prices have soared today, as a decline in the dollar boosted the appeal of precious metals and other commodities as alternative assets.
Gold on the Rise
October 20, 2009 3:27 pm by Anton EljwizatGold rose to hover just below record highs as the dollar extended losses to a fresh 14- month low against a basket of currencies, with investors taking more risks on growing optimism about the global economy.
Crude Oil Hits One Year High
October 20, 2009 12:07 pm by Anton EljwizatCrude oil was little changed near $80 a barrel after rising to a one-year high as the dollar slipped against the EUR, bolstering the appeal of commodities as an alternative investment. However, as I demonstrated below, it seems that the ...
Crude Oil Climbs to Over $77 a Barrel
October 15, 2009 8:57 pm by Anton EljwizatCrude Oil rose above $77 a barrel to settle at a record high for the year on Thursday as economic optimism hinted at a recovery in global energy demand. However, I will illustrate below that the crude oil may very ...
Gold Hits 3-Month High
September 3, 2009 6:40 pm by Anton EljwizatGold climbed to 3 month highs today as a weakening dollar boosted demand for the commodity as an alternative investment. Investors have become cautious about pushing prices above a key resistance level that has held for most of 2009. As ...
