Search Results for: Commodities
Thursday December 18: OSB Daily Technical Analysis – Commodities
December 18th, 2014
OSB Daily Technical Analysis for December 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out ...
Wednesday December 17: OSB Daily Technical Analysis – Commodities
December 17th, 2014
OSB Daily Technical Analysis for December 17, 2014 Gold broke lower on the open on Tuesday but managed to turn back and rally straight into resistance at the $1225 area. Price action suggests some indecisiveness about further direction but ...
Tuesday December 16: OSB Daily Technical Analysis – Commodities
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 Gold sold off heavily on Monday breaking beneath the 20 and 50 DMA’s and the key $1200 level. Golds price action suggests upside is capped at the $1220-30 area for now ...
Monday December 15: OSB Daily Technical Analysis – Commodities
December 15th, 2014
OSB Daily Technical Analysis for December 15, 2014 Gold declined on Friday while trading within a tight trading range on the day. Consolidation and range bound action likely to continue in the $1235-$1200 band for now. Market looks to ...
Friday December 12: OSB Daily Technical Analysis – Commodities
December 12th, 2014
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above ...
Technical Analysis: Commodities – Dec 12
December 12th, 2014
Technical Analysis for December 12, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 but attempts to break lower under 1220. Next lower target will be 1200 and next break higher will target 1250 slowly. ...
Thursday December 11: OSB Daily Technical Analysis – Commodities
December 11th, 2014
OSB Daily Technical Analysis for December 11, 2014 Gold attempt to push higher faltered as it approached the $1240 resistance area selling off in the $1220 area. Price action suggests upside momentum build-up with an effort to go ...
Technical Analysis: Commodities – Dec 11
December 11th, 2014
Technical Analysis for December 11, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 for now and made no attempt to break out from this level. Next break higher will target 1250 slowly and next lower ...
Wednesday December 10: OSB Daily Technical Analysis – Commodities
December 10th, 2014
OSB Daily Technical Analysis for December 10, 2014 Gold rallied on the day breaking through the $1200 with ease making a test of resistance at the $1240 area. A close above this level and more importantly $1250 resistance extends ...
Technical Analysis: Commodities – Dec 10
December 10th, 2014
Technical Analysis for December 10, 2014 XAU/USD reaches the last target at 1225 and keeps grinding higher from the last sudden higher break. Next target for higher movement will be 1250 and a reversal under 1200 will enter sideways ...
