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GOLD Remains On The Offensive On Corrective

GOLD: The commodity closed higher the past week opening the door for mores strength. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower... read more

GOLD Sees Price Extension On Bull Pressure

GOLD: The commodity extended its recovery on Wednesday leaving risk higher in the days ahead. However, beware of pullback threats. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut... read more

GOLD: Looks To Recover Higher On Price Hesitation

GOLD: The commodity closed marginally lower after rejecting lower level prices the past week. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a... read more

GOLD Puts In Temporary Bottom, Eyes More Recovery

GOLD: The commodity put in a temporary bottom and triggered a corrective recovery on Wednesday. This development has opened the door for more strength. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level.... read more

CRUDE OIL Looks To Weaken Further On Bear Pressure

CRUDE OIL: With the commodity selling off on Monday, further bearishness is likely. On the downside, support resides a50.00 level where a break will expose the 49.50 level. A cut through here will set the stage for a run at the 49.00 level. Further down, support... read more

GOLD Weakens Further, Remains Vulnerable

GOLD: The commodity closed lower the past week leaving risk lower. However, we may see a recovery higher. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the... read more

GOLD Reverses Gain, Targets Further Weakness

GOLD: The commodity closed lower after reversing its Monday gains on Tuesday. This saw it following through lower during early trading on Wednesday. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level.... read more

GOLD Retains Its Downside Pressure With Eyes On 1,276.00 Zone

GOLD: The commodity closed lower the past week leaving risk of more decline on the cards in the new week. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the... read more
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