All week now we’ve been suggesting that Marabuzo support at 1720.6 would be a good place for a buy order. Yesterday this was proved in some style. Just prior to the FOMC announcement we got a 1720 print. Then we … Continue reading
Is Gold getting interesting? We saw a move in Silver yesterday that suggests so… This is a segment of yesterday’s commentary: “Ultimately gold remains within a medium term consolidation in a multi week up trend so buyers will likely appear … Continue reading
In yesterday’s Gold report we wrote: “Are we on the cusp of something trend changing, or will the bulls rescue things once more by keeping us above 1524? We could well have the answer to this by the end of … Continue reading
We have posted today’s Gold comment below. In European trade we have seen a hold of our key support level of 1486.9-1487.7, so the trendline is holding firm, suggesting this is a buying opportunity. We now need to see 1500 … Continue reading
Today’s Gold report from FuturesTechs focused on the trend support line that’s doing a job right now, and we switched back to a bullish stance, thinking that the market can head higher from here, making this a buying opportunity. From … Continue reading
Our chief Technical Analyst Clive Lambert was on CNBC yesterday talking about Gold, Brent Crude and Wheat, saying bullish things about all three. To request a Free Trial of our Daily Technical Analysis Reports please click here. Individual traders can … Continue reading
Recent Candlesticks suggest Gold may be on the turn, at least temporarily, and momentum studies back up the idea. Let’s dig a bit further. Figure 1: Gold Daily Candlestick Chart – September – November 2010 Figure 1 is a Daily … Continue reading
A few days back we said: “Dips are being bought, the bulls are in charge, and we’re not going to be caught batting against such a solid trend. Oh no!” The market is in a rampant mood now, and put … Continue reading
September 22nd 2010 Gold Futures Commentary for FuturesTechs customers: We got bullish of Gold on August 9th when it broke above 1200. We had 1266.5 as a target from that moment. This target was reached on September 14th, and has … Continue reading
WHAT DO WE THINK NOW? At FuturesTechs we analyse 28 different markets each day and give our trading clients regular up to date analysis on the current thinking and market’s state of mind. We look at Bonds, Forex, Commodities and … Continue reading