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GOLD:Eyes Further Bull Pressure

GOLD: The commodity reversed its Wednesday gain on Thursday. 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 targeting the 1,310.00 level. Conversely, resistance resides

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GOLD: Bullish, Remains On The Offensive

GOLD: The commodity continues to face recovery risk as it rallied strongly on Wednesday. On the downside, support comes in at the 1,320.00 level where a break will turn attention to the 1,310.00 level. Further down, a cut through here will open the door for a move lower towards the 1,300.00 level. Below here if seen could trigger further downside pressure targeting the

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GOLD Looks To Recover Further Higher

GOLD: The commodity saw a recovery on Friday leaving risk higher. On the downside, support comes in at the 1,320.00 level where a break will turn attention to the 1,310.00 level. Further down, a cut through here will open the door for a move lower towards the 1,300.00 level. Below here if seen could trigger further downside pressure targeting the 1,290.00 level. Conversely,

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You Need To Follow Rules To Consistently Become A Winning Trader

An orderly, methodical process of trading is what defines putting yourself  in a position to become a consistently successful trader and that necessitates the formulation of and commitment to a set of strong rules.  This is one of the most difficult hurdles for traders to negotiate.  Why is this you might ask?  Well, it means that you must develop, if you don’t already

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CRUDE OIL: Weakens, Remains Vulnerable

CRUDE OIL: The commodity remains vulnerable to the downside with more weakness envisaged. On the downside, support resides at the 62.00 level where a break will expose the 61.50 level. A cut through here will set the stage for a run at the 61.00 level. Further down, support resides at the 60.50 level. On the upside, resistance resides at the 63.00 level. Further

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CRUDE OIL: Recovers, Rejects Lower Prices

CRUDE OIL: The commodity turned higher off its intra day low on Thursday leaving risk of more strength on the cards. On the downside, support resides at the 64.50 level where a break will expose the 64.00 level. A cut through here will set the stage for a run at the 63.50 level. Further down, support resides at the 63.00 level. On the

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GOLD: Takes Back Gain, Sets Up To Weaken Further

GOLD: The commodity closed lower after backing off higher prices on Wednesday. On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,320.00 level. Further down, a cut through here will open the door for a move lower towards the 1,310.00 level. Below here if seen could trigger further downside pressure targeting the 1,300.00 level.

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GOLD: Targets Further Upside Pressure

GOLD: The commodity looks to recover higher in the new week following its Friday positive close. 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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