Just last September 2011, gold (XAU/USD) reached a new all-time high of just above 1,900.00 US dollar per ounce. Investors’ [Read more...]
Gold (XAU/USD) Seen To Rebound?
Technical Update On Gold
Gold has managed to record new all-time highs almost day after day as investors seek refuge on this precious metal amidst the ongoing global financial turmoil. Now having recently marked a high of $1,894.79 per ounce, will it continue to rise or will it at least consolidate or even correct in the mean time? [Read more...]
Technical Update On WTI Crude Oil
Volatility in the world crude oil prices (WTI crude oil) in the past couple of months has caused some ruckus in the other financial markets. Moving forward, where will WTI crude oil in the days to come? [Read more...]
WTI Crude Oil To Slip Again?
WTI crude oil suffered an unprecedented fall last week when it was dropped like it was hot from a high of $114.81 per barrel to a low of $94.65 in a matter of days. Since then oil prices have rebounded again. However, it appears that oil could bound for another dip in the near term. [Read more...]
Silver Corrects
From $17 a year ago, the price of spot silver rose to an all-time high of $49.78 yesterday way faster than gold’s ascend. One factor is the Middle East unrest and many people who find gold expensive are moving to silver instead. [Read more...]
Silver Joins Gold To Superstardom
Who says silver is cheap?! Silver or XAGUSD in the trading arena is in fact trading at its all-time high along the much coveted gold or XAUUSD. So don’t get left behind… catch the silver express when it takes a halt! [Read more...]
Gold Aiming For $1,650 Per Ounce!
Bling! Bling! Who wants to join the global gold rush? Just recently the price of gold set a new all-time high at $1,476.22 per ounce. Despite trading at this level, it appears that is some more upside on gold. [Read more...]
Crude Oil Sets A 2-Year High!
Last April 1, I mentioned that WTI Crude Oil, as for my technical analysis, could be forming a [Read more...]
Crude Oil Looking To Set A New 2-year High
For most of us, crude oil price soaring higher is definitely unfavorable as gas price and public transportation cost will most likely [Read more...]
WTI Crude Oil Seen To Continue Climbing
In my post last March 4 about WTI crude oil (please see it here), I mentioned that its price could reach 110.00 US Dollar per barrel. Well, that is still pretty much a go at least from the technical point of view. [Read more...]
WTI Crude Oil Could Reach $110.00 Per Barrel
The price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will it continue to go higher? Let us see. [Read more...]
The “Soft And Fluffy” Hits All-Time High!
Woah, that’s all I can say. I never expected the price of cotton to sky-rocket like this. The image above is the 1-year chart of [Read more...]
Short Term Weakness Seen In Gold
The price of gold of XAU/USD in the commodities market could be due for a correction in the near term. [Read more...]
WTI Crude Oil Aiming For $100 Per Barrel
WTI Crude soared back to $92.84 per barrel yesterday (January 31, 2011) during the height of the social and political unrest in Egypt. [Read more...]
Technical Update On Silver
Hello commodity peeps! From my last analysis on Silver, I mentioned that there was a head and shoulders pattern forming and the silver price could fall upon the said pattern’s breakdown. [Read more...]
Silver Losing Its Shine
Hello commodity peeps! Here’s an update on my analysis on silver. From my last post (kindly check here), silver broke [Read more...]
Silver Breaks Down From Its Immediate Uptrend
Last October, my colleague mentioned that the price of silver has recently marked a new all-time high when it broke above its previous high at 21.34USD (kindly see this). He also mentioned that [Read more...]
Gold Flirting With Its All-time High Again
The price of gold have been relatively volatile during the past couple of weeks due to the swings in market sentiment. On November 9, gold marked a new all-time high at $1,424.00 per ounce before falling steeply amid the speculation that China will raise its interest rates to place a check on its 4.4% inflation figure for the month of October. A rise in interest rates would likely slow China’s growth and since it is now the number two biggest economy in the world, such would not go reflect in the other countries as well especially its trading partners, hence, boosting the greenback. It’s kind of weird, however, since the price of gold actually rose when the same inflation data in China was released the day before. [Read more...]
Will Crude Oil Follow Gold’s Path?
Hello finance peeps! Today I’m going to talk about crude oil. If you have been tuned in to the markets for the last several months, perhaps you know or at least have heard from someone that commodities like gold and silver have recently marked their new historical highs. But unlike those two metals, the people’s “black gold” managed to stay out of the radar. In fact, during the time when both gold and silver were making new highs after another, the price of crude oil has only traded sideways – between $70.000 per barrel and $87.350. [Read more...]
