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GOLD: Threatening Further Upside Pressure But With Caution

GOLD: The commodity backed off higher prices to close lower on Friday. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level. Below here if seen could trigger further downside pressure towards the 1,210.00 level.

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GOLD: Threatening Further Upside Pressure

GOLD: The commodity saw price rally on Wednesday leaving risk higher. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level. Below here if seen could trigger further downside pressure towards the 1,210.00 level. Conversely,

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GOLD: Threatens Further Downside Pressure

GOLD: The commodity faces further downside pressure on correction. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level. Below here if seen could trigger further downside pressure towards the 1,310.00 level. Conversely, resistance resides

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CRUDE OIL: Sets Up To Resume Uptrend

CRUDE OIL: The commodity looks to resume its upside pressure. On the downside, support resides at the 63.50 level where a break will expose the 63.00 level. A cut through here will set the stage for a run at the 62.50 level. Further down, support resides at the 62.00 level. On the upside, resistance resides at the 64.50 level. Further out, resistance comes

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GOLD: Risk Remains Higher Further Bull Pressure

GOLD: The commodity still faces upside pressure leaving risk to the upside in the new week. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level. Below here if seen could trigger further downside pressure

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GOLD: Rejects Lower Prices, Risk Remains Higher

GOLD: The commodity still faces its broader upside pressure as it saw a rejection of lower prices on Thursday. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 level. Below here if seen could trigger

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GOLD: Bullish, Remains On The Offensive

GOLD: The commodity faces further upside pressure but with caution of a corrective pullback. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 level. Below here if seen could trigger further downside pressure towards the

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Why Imitation Is Your Key To Trading Success

When someone has the same goals as you and they are achieving them consistently, you would do well to “imitate” their strategy because they are proving by their results that the strategy works. Of course, trading is no different. In fact, as a trader, one of the ways to shore up your abilities and skills is to have a role model or mentor.

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