Buy Signals on Platinum
March 11, 2011 8:09 am by Anton EljwizatThe platinum prices are once again dropping, and it is currently traded around $1770 an ounce. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
Gold-Technical Update
February 22, 2011 2:09 pm by Anton EljwizatGold prices rose significantly in the last few days and peaked at $1410 an ounce. And now, there appears to be a recent bearish cross on the daily chart’s Stochastic (slow), highlighting significant downward momentum building on this commodity’s price. ...
Weekly Commodity Outlook
January 31, 2011 4:24 pm by Anton EljwizatCrude Oil Crude oil recovered, gaining more than 4% on Jan. 28, amid concern that unrest in Egypt could spread to other regional producers. Prices recouped losses sustained earlier last week after Saudi Arabian Oil Minister Ali al-Naimi said OPEC members ...
Gold Support at $1280 an Ounce
November 23, 2010 10:36 am by Anton EljwizatThe price of gold has been rising steadily for the past several months with what appears to be no end in sight, and has been range-trading widely between $1280 and $1400 these past few weeks. The expectation among many analysts ...
Impeding Bearishness for Gold
August 20, 2010 8:44 am by Anton EljwizatGold prices rose significantly in the last three weeks and peaked at $1237 an ounce. However, the daily chart is suggesting that a recent upwards trend is losing steam and a bearish correction is impending. Forex traders involved with commodities ...
Silver’s Silver Lining: Buying on the Bounce
July 22, 2010 12:50 pm by Greg HoldenThe summer of weak price movements for precious metals is now fully underway and investors are watching as the price of gold and silver are trading sideways. This price action has a long history. For one reason or another, the ...
Platinum Nears the $1545 Level
May 27, 2010 10:41 am by Anton EljwizatPlatinum made modest gains yesterday on safe-haven buying on contiuned worries about euro zone debt, tension on the Korean peninsula and in the face of expectations of continued dollar strength. However, I will illustrate below that the platinum may very ...
Silver Recovers to $15.20 an Ounce
February 9, 2010 6:22 pm by Anton EljwizatSilver prices steadied above $15.20 on Tuesday, but sentiment continued to be hurt by worries over fiscal stability in Europe, curbing appetite for riskier assets such as commodities. Silver recovery from three-month lows hit last week has been limited due ...
Silver Drops on Stronger Dollar
February 4, 2010 10:27 pm by Anton EljwizatSilver prices are once again dropping, and it is currently traded around $15.40 per barrel. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
Spot Crude Oil Rises Above $74
December 17, 2009 3:28 pm by Anton EljwizatFollowing a report from the U.S. Department of Energy yesterday, showing a decline in crude oil supplies, oil prices shot up and are now being traded at over $74.00 a barrel. However, I will illustrate below that crude oil may ...
