Oil N' Gold - Resources for Serious Traders
Energy and Precious Metals Technical Analysis
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Wed Nov 26 14 00:17 ET
SPOT GOLD closed higher on Tuesday extending the rally off November's low. The highrange close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the MarchOctoberdecline crossing is the next upside target. Closes below the reaction low crossing would confirm that a shortterm top has been posted.
Read more...
 
Gold And Silver At Key Technical Junctures Print E-mail
Analysis | Commodity Technical Analysis | Written by Forex.com | Tue Nov 25 14 22:25 ET
Gold and silver were both trading higher earlier today, but as I go to press they have turned mixed with the former turning flat. The metals found support from a weaker dollar which fell on the back of some mixed-bag US data. Among the data highlights, consumer sentiment took a surprise tumble in November while the third quarter GDP was unexpectedly revised higher. The Conference Board’s composite index based on a survey of about 5 thousand households showed a reading of 88.7 for this month. This was markedly lower from 94.1 in October, and significantly below the consensus expectations of 96.0.
Read more...
 
Technical Analysis for Precious Metals Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Tue Nov 25 14 05:07 ET
The negative trading extended yesterday but remained limited above 1190.00 and above the significant support 1181.85. Stability above 1181.85 keeps the bullish possibility valid, whereas trading above the referred to levels leads to testing 1213.05.
Read more...
 
Technical Analysis for Energy Markets Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Tue Nov 25 14 05:07 ET
The price is trading in a bearish bias after testing 77.20, which support extending the downside move targeting mainly 72.65. Linear Regression Indicators are still negative and support the expected bearish wave, but breaching 77.20 halts the bearish expectations and pushes the price towards 79.45 then 82.00.
Read more...
 
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Tue Nov 25 14 00:11 ET
SPOT GOLD closed lower on Monday. The midrange close sets the stage for a steady opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the JanuaryOctoberdecline crossing is the next upside target. Closes below the reaction low crossing would confirm that a shortterm top has been posted.
Read more...
 
IMM Positioning: Bullish USD Bets Regain Momentum – At A New Record High Print E-mail
Analysis | Commodity Technical Analysis | Written by Danske Bank | Mon Nov 24 14 06:29 ET
IMM data released on Friday revealed the largest single week bearish JPY build since September, sending speculative positioning to the 15th percentile (see page 4). The move reflects the previous week’s regained momentum in JPY selling (see page 11) and Prime Minister Shinzu Abe postponing the planned consumption tax hike of October 2015. While Abe’s decision arguably weakens the strong anchor for the Bank of Japan’s aggressive monetary policy, we still expect relative monetary policy and portfolio flows to be significant supportive factors for USD/JPY going forward. In addition, while positioning is stretched and technical indicators suggest the pair is overbought, history has shown that the cross can be very persistent under appreciation trends. We target the cross at 120 in 3M, 122 in 6M and 124 in 12M.
Read more...
 
Technical Analysis for Precious Metals Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Mon Nov 24 14 04:34 ET
The metal moved to the upside last week and is stable now around the psychological barrier 1200.00. In fact, trading above 1181.85 is positive as it could lead to touching 1213.05 at 38.2% correction. At the current levels, Risk/Reward Ratios are inappropriate which will force us to either wait for a better entry level, or move to the sidelines.
Read more...
 
Technical Analysis for Energy Markets Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Mon Nov 24 14 04:33 ET
Crude oil retested 77.20 and is still below it keeping our bearish expectations valid, waiting to extend the bearish wave to move towards 76.25 then 73.85. Of note, technical indicators are providing positive signals through Linear Regression Indicators, RSI and MACD indicating the possibility of positive attempts and then attempt to breach 77.20, which will halt the suggested negative scenario.
Read more...
 
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Mon Nov 24 14 02:15 ET
SPOT GOLD closed higher on Friday extending the rally off November's low. The highrange close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the JanuaryOctoberdecline crossing is the next upside target. Closes below the reaction low crossing would confirm that a shortterm top has been posted.
Read more...
 
Technical Analysis for Precious Metals Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Fri Nov 21 14 04:14 ET
The metal stabilized above 23.6% correction at 1181.80 showing on graph. Stability above the refered to level is accompanied by stability above Linear Regression Indicator 34 and 55. Trading above the referred to level 1181.80 keeps the possibility of extending the upside move attempting to touch 1213.05 represented in 38.2% correction.
Read more...
 
Technical Analysis for Energy Markets Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Fri Nov 21 14 04:14 ET
Oil moved to the upside yesterday approaching the significant resistance 77.20, and since the price is still below this level, the bearish scenario is still valid and active targeting mainly 72.65 then 70.00. Confirming breaching 77.20 pushes the price to the upside towards 85.45 levels.
Read more...
 
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Fri Nov 21 14 00:06 ET
SPOT GOLD closed higher on Thursday. The highrange close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the JanuaryOctoberdecline crossing is the next upside target. If it resumes this year's decline, monthly support crossing is the next downside target.
Read more...
 
Crude Oil Steadies As OPEC Meeting Nears Print E-mail
Analysis | Commodity Technical Analysis | Written by Forex.com | Thu Nov 20 14 21:24 ET
With just a week to go until the next OPEC meeting, crude oil prices are showing signs of steadiness. The market is seemingly throwing the ball in the cartel's court and is demanding the production quota to be trimmed meaningfully. This implies that in the event the OPEC fails to agree on cutting its output, prices are likely to extend their falls. For now though, oil traders appear to be happy with the extent of the recent drop – for if they weren't, prices should have fallen more today on the back of those disappointing manufacturing PMI readings from China, Japan and the Eurozone.
Read more...
 
Technical Analysis for Energy Markets Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Thu Nov 20 14 03:58 ET
Crude oil is still fluctuating in a sideways range around 74.50 and is still affected by the positivity of RSI and MACD, but the overall downside move is still valid and the pair is still below 77.20 waiting to target 72.65 then 70.00. Linear Regression Indicators are still negative and support the bearish expectations, which require stability below 77.20.
Read more...
 
Technical Analysis for Precious Metals Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Thu Nov 20 14 03:57 ET
The metal fluctuated heavily yesterday and ended trading below 23.6% correction at 1181.85. Today, the price moved back to the upside and traded above Linear Regression Indicators. Despite stabilizing above the referred to 1181.85, but we need more confirmations on the bullish return, whereas touching below 1176.75 yesterday cancelled the positivity that almost showed on Linear Regression Indicators.
Read more...
 
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Thu Nov 20 14 00:20 ET
SPOT GOLD closed lower on Wednesday. The lowrange close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the JanuaryOctoberdecline crossing is the next upside target. If it resumes this year's decline, monthly support crossing is the next downside target.
Read more...
 
Gold Recovers Ahead Of FOMC Minutes, Silver Testing Key Level Print E-mail
Analysis | Commodity Technical Analysis | Written by Forex.com | Wed Nov 19 14 22:44 ET
Gold fell quite dramatically around 15:30 GMT today, shedding in the process around $20 in the space of 20 minutes. Initially, it was not clear what had caused the price slide, for the dollar was relatively stable around the time and there wasn't any macro data released. But given that the EUR/CHF also “jumped” by a whopping 15 pips around that time, it became clear the move was due to some event in Switzerland. Indeed, it was a poll on the Swiss gold referendum from Swiss broadcaster SRG, which showed 38% support compared to 47% opposed. The referendum will take place on November 30 and a ‘yes' vote would force the SNB to hold at least 20% of its assets in gold which would likely provide some support for the metal, at least in the short term any way. But after this latest poll, the chances of that happening look slim now.
Read more...
 
Technical Analysis for Precious Metals Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Wed Nov 19 14 04:46 ET
The metal stabilized above 1181.80 yesterday and stabilized above the psychological barrier 1200.00. Trading above 1181.80 at 23.6% correction favors extending the upside move towards 38.2% correction, and in this case, reaching 1213.05.
Read more...
 
Technical Analysis for Energy Markets Print E-mail
Analysis | Commodity Technical Analysis | Written by ICN.com | Wed Nov 19 14 04:45 ET
Oil continued its bearish wave after testing 76.00 and is currently approaching the key awaited target at 72.65, waiting for more negativity that will push the price towards 70.00. RSI and MACD are still positive which will slow the bearish wave and the positive volatility of yesterday, but Linear Regression Indicators are still providing negative signals that support the expected bearishness that requires stability below 77.20.
Read more...
 
Bullion and Energy Market Commentary Print E-mail
Analysis | Commodity Technical Analysis | Written by HY Markets | Wed Nov 19 14 00:04 ET
SPOT GOLD closed higher on Tuesday and above the 20day moving average crossing would confirm that a shortterm low has been posted. The midrange close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month's rally, the 38% retracement level of the JanuaryOctoberdecline crossing is the next upside target. If it resumes this year's decline, monthly support crossing is the next downside target.
Read more...
 
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »


JPAGE_CURRENT_OF_TOTAL