Search Results for: Commodities
Wednesday November 19: OSB Daily Technical Analysis – Commodities
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Gold rallied breaking through the $1200 barrier where strong resistance pushed price back down. Resistance at this level significant with Gold likely to retest area. A close above extends to $1215. ...
Tuesday November 18: OSB Daily Technical Analysis – Commodities
November 18th, 2014
OSB Daily Technical Analysis for November 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 ...
Technical Analysis: Commodities – Nov 18
November 18th, 2014
Technical Analysis for November 18, 2014 XAU/USD (GOLD) stucked in 1175- 1195 trading range and still moving sideways for now. A higher break to 1200 level will target 1205 next and bring the trend to a bull trend. A lower ...
Monday November 17: OSB Daily Technical Analysis – Commodities
November 17th, 2014
OSB Daily Technical Analysis for November 17, 2014 Gold rallied significantly on Friday with sign that the precious metal is attempting to reach out to the $1200 handle. Resistance in this area is significant and likely to cause bears ...
Technical Analysis: Commodities – Nov 17
November 17th, 2014
Technical Analysis for November 17, 2014 XAU/USD (GOLD) has shown a higher leg to break 1185 line and it will target 1200 next. Although the market’s trend is quite strong, a high reversal for another lower leg is very likely ...
Friday November 14: OSB Daily Technical Analysis – Commodities
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 Gold seen testing support at the $1150 area on Thursday. Bears in full control of this market and likely to push this market lower. A break of support and close below ...
Technical Analysis: Commodities – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 XAU/USD (GOLD) has been trading around 1130 – 1180 level and market will stay sideways. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher ...
Thursday November 13: OSB Daily Technical Analysis – Commodities
November 13th, 2014
OSB Daily Technical Analysis for November 13, 2014 Gold tried to rally on Wednesday but found resistance at the $1170 area too strong. Gold is likely to consolidate in this region and build a base at the $1150 area ...
Technical Analysis : Commodities – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 XAU/USD (GOLD) XAU/USD has been trading around 1130 – 1180 level. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher leg above 1185 ...
Wednesday November 12: OSB Daily Technical Analysis – Commodities
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 Gold tried to rally on Tuesday after finding support at the $1145 area. Gold is looking to build a base in this area as it tries to bounce higher. Resistance above ...