Search Results for: Crude oil

Tuesday October 21: OSB Daily Technical Analysis- Commodities

October 21st, 2014 (0)
OSB Daily Technical Analysis for October 21, 2014 Gold rallied higher on Monday hitting resistance at the $1250 area. The close just beneath this price suggests a retest and possible close above in the next several sessions. A close ...

Monday October 20: OSB Daily Technical Analysis- Commodities

October 20th, 2014 (0)
OSB Daily Technical Analysis for October 20, 2014 Gold closed essentially unchanged after testing resistance at the $1240 area on Friday which proved to be too strong to hold above. This suggests gold is likely to consolidate at this ...

Friday October 17: OSB Daily Technical Analysis- Commodities

October 17th, 2014 (0)
OSB Daily Technical Analysis for October 17, 2014 Gold declined on Thursday finding support at the $1235 area. Gold is looking to go higher and a close above $1250 suggests upswing has legs and is possibly heading to the ...

Steep Sell-Off Spreads Fear to Wall Street

October 16th, 2014 (0)
Dizzied by the turmoil, Wall Street experts agreed on one thing: The jarring day showed that fear had finally returned to markets that had become disconcertingly complacent. Waves of nervous selling buffeted the stock market in the United States ...

Thursday October 16: OSB Daily Technical Analysis- Commodities

October 16th, 2014 (0)
OSB Daily Technical Analysis for October 16, 2014 Gold break out above $1240 on Wednesday finding resistance at $1250. Gold is likely to attempt a rally from here possibly to the $1275 level in the medium term. Higher volatility ...

Wednesday October 15: OSB Daily Technical Analysis- Commodities

October 15th, 2014 (0)
OSB Daily Technical Analysis for October 15, 2014 Gold rally stalled just shy of the $1240 mark on Tuesday and turned back to sell off finding support at $1231. Gold is likely to consolidate in this area and grind ...

Tuesday October 14: OSB Daily Technical Analysis- Commodities

October 14th, 2014 (0)
OSB Daily Technical Analysis for October 14, 2014 Gold Positive day for Gold which managed to climb above the 20 DMA and make a high at $1237. Gold is likely to test $1240 resistance level. A close above this ...

Monday October 13: OSB Daily Technical Analysis- Commodities

October 13th, 2014 (0)
OSB Daily Technical Analysis for October 13, 2014 Gold traded in a tight range of Friday managing to find support at the $1220 level which now appears to be a base support area. Bounce poised to continue with a ...

Friday October 10: OSB Daily Technical Analysis- Commodities

October 10th, 2014 (0)
OSB Daily Technical Analysis for October 10, 2014 Gold rallied intraday on Thursday and managed to get back above the 20 DMA. The bounce is rather natural following recent test of support below at $1200. Resistance above in the ...

Dow plunges nearly 300 points on host of fears

October 10th, 2014 (0)
The Dow, S&P 500 and the Nasdaq are all tanking big-time. Renewed worries about global economic growth, corporate earnings and market valuations propelled U.S. stocks to huge losses Thursday. The Dow Jones industrial average sank 335 points (2%) to ...
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