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GOLD: Bullish, Outlook Remains Higher Nearer Term

GOLD: The commodity remains on the offensive leaving risk higher nearer term. 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 towards... read more

GOLD: Vulnerable, Faces Further Weakness

GOLD: The commodity looks to extend its downside pressure. 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 move lower towards the 1,250.00 level.... read more

CRUDE OIL: Retains Broader Uptrend, Eyes The 55.21 Zone

CRUDE OIL: The commodity may be hesitating but it retains its broader medium term uptrend. On the downside, support resides at the 53.50 level where a break will expose the 53.00 level. A cut through here will set the stage for a run at the 52.50 level. Further down,... read more

GOLD Holds Off Lower Prices, Eyes Recovery

GOLD: The commodity closed higher on Friday leaving risk of further recovery on the cards. 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 move... read more

GOLD Sets Up To Weaken Further

GOLD: The commodity reversed its previous week losses to close lower on Friday. 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 move lower... read more

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
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