in commentary, technical analysis

Gold Technical Analysis for 21st August

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 at trend support.
Our Skew remains neutral awaiting 2 consecutive closes above 1328.2-31.6 to back the bulls, or a break …

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in technical analysis

Gold Technical Analysis

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 the day”.
We saw a break of 1524, and on a closing basis, so here’s what we sent …

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in technical analysis

Gold Technical Analysis

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 taken out…
Today’s comment, sent to our clients at 07.30am (UK time):
Gold struggled with $1500 yesterday, pretty much …

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in technical analysis

Gold Technical Analysis – Holding trend support.

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 yesterday: “I’m tempted to go with a green SkewBar above 1477/1480/1482 as this is a strong area of support …

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in company News

Technical Analysis of FTSE, Gold and other things that are flying high!

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 Equities. At the moment Stock Markets are the most interesting, providing the biggest conundrum for traders and operators.
We believe …

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in commentary

Gold on a big level / Stop Order strategy

I think i did a reasonable job of explaining it on CNBC this morning (you tell me!!) so instead of babbling on too much here I’ll post the link:
http://www.cnbc.com/id/15840232?video=820121614
To summarise I said that 850 is a MASSIVE support level, and that the weakness to here is a buying opportunity, although if 850 breaks you don’t want to …

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