Search Results for: Oil prices
OSB Daily Technical Analysis- Commodities
September 16th, 2014
OSB Daily Technical Analysis for September 16, 2014 Gold A pause to the gold sell off on Monday after breaking below the $1230 level and bouncing back to close at $1235. Bearish with some bouncing around in the next ...
OSB Daily Technical Analysis – Commodities
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 Gold December 14 Gold dipped below $1230 on Friday only to turn back and close just above. Gold is bearish and all signs suggest lower prices and increased volatility as we ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
OSB Daily Technical Analysis – Commodities
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...
Junior Mining Companies Looking for Financial Lifeboats
September 9th, 2014
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in the mining industry. As a result, mining companies have sought ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
OSB Daily Technical Analysis – Commodities
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 Gold Sellers dominated trading in Gold on Monday with the December 14 contract closing at 1254.30. The next support is at the 1250 level which is somewhat significant. Recent weakness suggests ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
As cocoa price soars, chocolate makers devour substitutes
September 8th, 2014
Chocolate makers in the fast-growing Asian market are replacing a bigger proportion of cocoa butter, which gives confectionery its melt-in-the-mouth texture, with cheaper palm oil-based alternatives. The move will help confectioners keep down prices in the price-sensitive region where ...