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. ...
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 ...
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- Technical Update
January 26, 2011 11:49 am by Anton EljwizatGold prices have mostly fallen for the past week, and an ounce of gold was trading for as low as $1,322. Currently, as a bullish cross takes place on both the 8-hour chart's MACD and Slow Stochastic, the bullish move ...
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 ...
