Weekly Commodity Outlook
February 28, 2011 9:50 am by Anton EljwizatCrude oil Crude oil rose, capping the biggest weekly gain in two years, on concern that the turmoil in Libya will spread to Middle East petroleum producers. Grains jumped, driving a measure of raw materials up to a record.
Gold Hits near $1410 Level
February 25, 2011 4:48 pm by Anton EljwizatGold rose as high as $1411 an ounce early today, which is largely owned to the EUR's gains vs. the USD. In the past week, Gold has made a significant upward correction, which can be directly correlated with the bullish ...
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. ...
Why Silver’s Rising Price will Outpace Gold’s
February 21, 2011 11:30 am by Greg HoldenNo doubt every trader in the market at this week’s start noticed the sudden surge in commodity prices. Precious metals like Gold and Silver in particular have gained an exorbitant amount over the past month. But are their price movements ...
Gold Likely to Enter Downward Correction
February 21, 2011 8:20 am by Anton EljwizatGold prices rose significantly in the last week and peaked at $1396.76 an ounce. Gold has made a significant upward correction, which can be directly correlated with the bullish trend of the EUR/USD cross. However, the daily chart is suggesting ...
Gold Drops below $1360
January 17, 2011 1:47 pm by Anton EljwizatGold prices have dropped significantly yesterday and peaked at $1359 an ounce. And now, as I demonstrate below the 8-hour chart is giving bullish signals, indicating that gold prices might go up. Forex traders can take advantage of this impending ...
Gold Trading Update
January 5, 2011 1:51 pm by Anton EljwizatGold steadied on Wednesday, a day after its largest sell-off in nearly two months, buoyed by consumer demand, which helped offset the potentially negative impact of a stronger dollar following fresh upbeat U.S. data.
Gold Trading Update
December 30, 2010 12:49 pm by Anton EljwizatThe gold climbed to a high of $1414 an ounce, compared to the low of USD 1372 an ounce in the end of last week, supported by Euro’s recovery from a three week low against the US Dollar. At this ...
Gold Trades Near $1410 an Ounce
December 29, 2010 4:38 pm by Anton EljwizatGold prices rose significantly in the last week and peaked at $1408 an ounce. However, the 4 hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders can take advantage ...
Gold at Two Week High over Euro-Zone, North Korea
November 23, 2010 11:18 pm by Natalie R.Europe’s sovereign debt concerns and escalating tensions between North and South Korea boosted Gold prices to a two week high as investors fled to the safety of the metal. Political and economic uncertainty tends to benefit the commodity as it ...
