Tag Archives: silver technical analysis

Commodity Trading:Gold Silver and Crude Trading Levels

By | April 19, 2013 12:56 pm

Gold 4 Hour Chart As per 4 Hour  charts gold took support at 50% retracement at 1325 and bounced back. Gold is unable to cross the 34 Hour EMA@1424 and has pulled back again. Till 1427 is not broken gold will remain as Sell on rise structure.Intraday players can use the below mentioned levels. Buy… Read More »

Gold and Silver Weekly Trading guide

By | April 14, 2013 6:02 pm

As discussed on 10 Apr Gold technical analysis Gold is trading near the upper resistance zone 1588-1590$. Unable to break the 1590$ pullback till 1560-62 should be expected which it did the same day. Today after retail sales unexpectedly dropped commodities are having sell off. Also as per Gold technical analysis before crucial Jobs data we clearly… Read More »

Gold technical analysis before crucial Jobs data

By | April 5, 2013 11:42 am

Gold Hourly Chart Gold 4 Hour chart with Fibo regression channels,is shown Gold is trading between conflunce of Fibo channels, with stif resistane at 13 ema low shown in red line. Gold will show wild moves today as US job data will be announced Bad data means more easing and gold can see a rise… Read More »

Gold and Silver technical analysis

By | April 4, 2013 11:33 am

Gold and other commodities showed intense selling yesterday when Fed reserve member gave hint of Fed bond buying program can wind up if US keeps on improving. Gold is near a crucial 2 year support of $1526 and Silver near 26$, break of which can intensify technical selling. Lets analyse the technical chart of both… Read More »