tag:blogger.com,1999:blog-40297206949840365082024-03-05T18:43:01.177+08:00goldisemasAnonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.comBlogger87125tag:blogger.com,1999:blog-4029720694984036508.post-51882468925272868482013-12-16T20:32:00.003+08:002013-12-16T20:32:12.179+08:00Silver faces short-term resistance at 20.50 2013-12-16<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<br />
<img alt="" border="0" src="http://forex-images.instaforex.com/userfiles/20131216/xagusd16122013.jpg" /><br />
<br />
<b>Technical outlook and chart setups:</b> The metal pulled back from
the 0.382 fibonacci resistance at 20.40/50 levels for now. Though
further upside cannot be ruled out completely, 21.50 would be the level
to watch for major resistance as it is the 0.618 fibonacci retracement.
Also, the channel line resistance would be passing through 21.50 in 1-2
days time. It is recommended to remain flat for now and watch reaction
at 21.50 before committing short positions. Resistance is spread through
21.50, 22.00, 23.00 and 25.00; while support is fixed at sub 18.00
levels respectively. On the flip side, if 19.00 level is broken now; it
would be confirmed that the metal is targeting 17.50 levels. <br />
<b>Trading recommendations: </b>Flat for now. Good luck!
</div>
Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-33759800746807288982013-12-16T20:28:00.003+08:002013-12-16T20:28:47.942+08:00Gold bearish below 1,270.00. 2013-12-16<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<img alt="" border="0" src="http://forex-images.instaforex.com/userfiles/20131216/xauusd16122013.jpg" /><br />
<br />
<b>Technical outlook and chart setups:</b> As depicted here, the recent
rally from 1,211.00 levels last week was reversed from 1,268/69 levels;
which were past support turned resistance. Till the time prices are
below 1,270/75 levels, it is recommended to refrain from buying. Also
please note that the down channel line is still intact and we need to
see a clear breakout above 1,300.00 levels to rule out further downside.
Support is fixed at 1,210.00 and 1,180.00 levels; while resistance is
line up around 1,300.00 levels, followed by 1,350.00 and 1,440.00
respectively. However, a push through 1,300.00 levels and subsequently
1,350.00 would enforce a trend reversal and change our trading strategy.
<b> </b><br />
<b>Trading recommendations: </b>Flat for now. Good luck!
</div>
Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-89879901477201828792013-12-16T20:27:00.004+08:002013-12-16T20:27:50.104+08:00Gold analysis for December 16, 2013<div dir="ltr" style="text-align: left;" trbidi="on">
Price action in Gold has not made things any clearer with the current wave structure. There are two very possible scenarios still very possible and valid. The first scenario implies that wave 5 is not over yet and we should expect a new lower low towards 1,180-1,200. The second scenario implies that the decline from 1,360 is over and the upward correction still valid. This wave count is shown with red letters below.
The breaking below 1,220-1,210 will increase the chances of the first scenario. If prices continue to trade above 1,220-1,210, it will put the basis for another leg up towards 1,275-1,300. The trend is not clear and that is why we should respect if any important price level is broken. Therefore, bulls have more chances as long as prices trade above 1,220-1,210.
The daily chart continues to show that the longer-term trend is downward. The important high is at 1,268 in the short term and 1,360 in the longer term. Our longer term view remains bearish with 1,140-1,100 as target from the Head-and-Shoulders pattern<br />
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<a href="http://forex-images.instaforex.com/userfiles/20131216/goldh4.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="177" src="http://forex-images.instaforex.com/userfiles/20131216/goldh4.JPG" width="400" /></a></div>
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Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-73365006007875435962013-12-09T19:02:00.001+08:002013-12-09T19:02:22.854+08:00High demand for gold in China 2013-12-09 China is one of the world's largest producers of the yellow metal, but not a single bar leaves the country. It mainly relies on imports. October was China's second highest month of gold, according to HK customs data. In 2011 and 2012 combined China imported more gold than in 2013. Year to date China's gross gold imports now amounted to just over 1260 tons mainly through HK. India raised import tax to control CAD which crack down the gold imports. In the last 6 months the Indian govt apply 80: 20 rule. This rule orders that 20% of all gold imported must be exported before further imports can be made. Today Indian equity market NIFTY will go to cross life time high. Beyond China and India robust growth in the jewellery sector was also seen in significantly across South East Asia and Turkey. When it comes to important news and events which effects the price of yellow metal, Us nonfarm payroll stood first. On Friday, US nonfarm pay rolls better than expected numbers printed on the street produce more optimism on economy. We expect US economy bottomed out and green shoots visible. Gold tumbles and rebounds from lower levels after the data printed on Friday. From last couple of trading sessions we could see a sharp rebound from lower levels around $1,215-1,211. But gold was unable to sustain on higher levels around 1,255-1,250. Currently, gold is trading at $1,228 in Asian's trading session. It is trading below the red line (21EMA, close). In the hourly charts, it gives a clear picture of expanding lower levels. TECH VIEW- DAILY CHART RESISTANCE - 1,250-1,255, ABOVE THAT 1,264,1,275. CLOSE ABOVE 1,264 COULD LEAD A BIT PULL BACK TOWARDS 1,275 1,295. SUPPORTS - 1,210, BELOW THAT 1,207, 1,195, 1,180, 1,178, 1,150. CLOSE BELOW 1,150 COULD LEAD ALL THE WAT TO STRONG SUPPORT ZONES AT 1,070-1,040 Intra view (hourly chart) - Support 1,217, 1,210 Resistance 1,227, 1,232, 1,236, 1,238, 1,245, 1,255.
<div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20131209/1386564500_GOLDDaily.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20131209/1386564500_GOLDDaily.png" /></a></div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-41489547409231251552013-12-09T19:00:00.002+08:002013-12-09T19:00:43.434+08:00Gold remains locked in a range. 1,258/60 is resistance 2013-12-09 <a href="http://forex-images.instaforex.com/userfiles/20131209/xauusd09122013.jpg" imageanchor="1" ><img border="0" src="http://forex-images.instaforex.com/userfiles/20131209/xauusd09122013.jpg" /></a>
Technical outlook and chart setups: The metal has been locked in a trading range between 1,210 and 1,250 for the last several trading sessions. It is recommended to remain flat for now until a breakout is confirmed. The immediate resistance is 1,258/60 levels, followed by 1,300.00 and higher up, while 1,210 is immediate support, followed by 1,180.00 and lower levels respectively. Looking into the bearish structure, it seems that the metal could break lower towards possibly 1,150/30 levels, before developing a reversal case. Please note that the 2008 highs/resistance was around 1,030/40 area, which would be acting as a support level now. One should refrain from buying the yellow metal for now. Trading recommendations: Remain fat for now. Good luck!
Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-16051354336601311172013-12-09T18:58:00.001+08:002013-12-09T18:58:14.227+08:00Gold analysis for December 9, 2013 <div dir="ltr" style="text-align: left;" trbidi="on">
Gold prices remain below the 1,245-58 resistance area. We prefer to remain neutral as there is no clear trend in the short term and prices are somewhat oversold in the daily level. Although the longer term trend remains down, we believe that there is increased probability of an upward bounce towards 1,300.
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<a href="http://forex-images.instaforex.com/userfiles/20131209/goldh4.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20131209/goldh4.JPG" /></a></div>
Our elliottwave count expects the final 5th wave to unfold. The wave structure from 1,360 is almost complete. We need one more new low to complete the pattern. Howeber there is also a chance that the 5th wave is a failure and doesn't make a new low. Time will tell, but since prices are consolidating in a triangle, I expect the new low to come soon. The triangle consolidation is a correctie pattern that usually comes before the final move.
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<a href="http://forex-images.instaforex.com/userfiles/20131209/goldd.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20131209/goldd.jpg" /></a></div>
The daily chart confirms that trend remains down as prices continue to trade within the downward sloping channel. As long as prices stay below 1,258, we should expect a new low towards 1,200-1,180 to complete the downward move from 1,360. So bears could use 1,258 as stop and bulls the same level as a bullish signal.
</div>
Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-8552736371197806862012-10-26T19:50:00.002+08:002012-10-26T19:50:12.110+08:00Gold Setting Up For A Rally. Buy On Dips 2012-10-26<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://forex-images.instaforex.com/userfiles/20121026/xauusd26102012.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20121026/xauusd26102012.jpg" /></a></div>
<b>Technical Outlook and Chart Setups</b>:<br />
Believe it or not,
gold maybe setting up for an aggressive rally taking out resistances
lined up higher. The bottom line is 1,690.00 and it should be held.
Looking into the chart story for the last 24 hours; the yellow metal
raced through 1,715.00 level during the present retracing. The lows are
being held well till now and a positive/constructive reaction is
expected. Immediate bullish target for gold is 1,730.00 level by today
or Monday. It is further emphasized that 1,690/95 levels should be held
for this count to be true. Bullish for now.<br />
<b>Trading Recommendations:</b><br />
Hold long positions taken earlier. Stop at 1,680.00. Target open.<br />
Good Luck! </div>
Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-71664779160281838602012-05-16T22:14:00.003+08:002012-05-16T22:14:19.024+08:00GOLD Intraday Technical Analysis 2012-05-16<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="separator" style="clear: both; text-align: center;">
<a href="http://forex-images.instaforex.com/userfiles/20120516/gold.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120516/gold.png" /></a></div>
Gold is currently testing the intermediate support of its medium term
bearish channel at 1,530 and is expected to rebound. However, a break
through this level will trigger a decline to the lower limit – 1,512.<br />
Technical
indicators do not provide clear signals but evolving in oversell zone
supporting the assumption of a pull back. Bollinger bands are much
discarded due to strong recent increase. The situation is expected to
stabilize in the nearest future.<br />
According to previous events the
market will provide a bullish opportunity at the level of 1,530 with
1,545 and 1,550 seen as first objectives. A break through 1,527 will
alter this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-19420595335387442222012-04-20T19:30:00.001+08:002012-04-20T19:30:29.900+08:00GOLD Intraday Technical Analysis 2012-04-20<div dir="ltr" style="text-align: left;" trbidi="on">
<center><img src="http://forex-images.instaforex.com/userfiles/20120419/gold.png" /></center><center><br /></center> Gold
is currently testing the intermediate support of its medium term
bearish channel in 1632 and is expected to rebound. However, a
breakdown of these levels will result in decline towards its lower limit
1595.<br />
Technical indicators do not provide clear signals but as
long as the support level remains unbroken, the rebound is likely to
take place. Bollinger bands have greatly tightened in recent
days showing a decline in volatility and the imminence of a violent
movement.<br />
According to previous events, the market indicates a
bullish opportunity at levels of 1632 with 1642 and 1645 seen as first
targets. A breakdown in 1629 will reverse this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-21051528733369351832012-04-09T20:12:00.000+08:002012-04-09T20:12:02.230+08:00GOLD Intraday Technical Analysis 2012-04-09<div dir="ltr" style="text-align: left;" trbidi="on">
<center><img src="http://forex-images.instaforex.com/userfiles/20120409/gold.png" /></center><br /> Gold
is presenlty testing the intermediate resistance of its medium term
bullish channel in 1647 pointing at possible decline. However, in case
these levels are passed through, the upper limit of the channel in the
point 1672 will be reached.<br />
Technical indicators do not provide
clear signals but as the resistance remains unbroken, the assumption of a
decline is true. Bollinger bands have greatly tightened in recent
days showing a decline in volatility and the imminence of a violent
movement.<br />Considering previous situation, the market indicates a
bullish opportunity as soon as the gold will has broken its resistance
in 1647 with 1st objectives seen at 1660 and 1665 levels. A breakdown
in 1644 will reverse this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-81129170323922313382012-03-27T22:07:00.000+08:002012-03-27T22:07:01.574+08:00GOLD Intraday Technical Analysis 2012-03-27<div dir="ltr" style="text-align: left;" trbidi="on">
<table border="0"><tbody>
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<td align="right" width="115"><br /></td>
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<td align="right" colspan="3">
<div style="position: relative;">
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<center><img src="http://forex-images.instaforex.com/userfiles/20120327/gold.png" /></center><center><br /></center> Gold
is currently testing the upper limit of its medium term bearish channel
in 1694 and is likely to decline. However, a breakdown of these levels
will reveal significant potential and initiate a bullish trend.<br />
Technical
indicators provide signals for BUY-deals; location near the overbuy
zone confirms the assumptions of a decline. Bollinger bands have greatly
tightened in recent days showing a decline in volatility and the
imminence of a violent movement.<br />
Proceeding from the previous
situation, the market indicates a bullish opportunity as soon as the
gold will has broken its resistance in 1694 with 1st objectives seen at
1705 and 1710 levels. A breakdown in 1691 will cancel this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-55362939253316602602012-03-26T20:13:00.003+08:002012-03-26T20:13:57.134+08:00GOLD Intraday Technical Analysis 2012-03-26<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120326/gold.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120326/gold.png" /></a></div>Gold is currently testing the intermediate resistance of its medium term bearish channel in 1672 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1710.<br />
Technical indicators provide signals for Sell-deals confirming the fact that the pair is likely to decline soon. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
Proceeding form the previous situation, the market indicates a bullish opportunity as soon as the gold will has broken its resistance 1672 with 1st objectives seen at the 1682 and 1690 level. A breakdown in 1669 will cancel this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-27532172413565506982012-03-26T20:13:00.000+08:002012-03-26T20:13:12.098+08:00SILVER Intraday Technical Analysis 2012-03-26<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120326/silver.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120326/silver.png" /></a></div>Silver is presently testing the upper limit of its medium term bearish channel in 32.40 and is likely to decline. However, if these levels are passed through, the significant potential will be revealed resulting in the beginning of the bullish trend.<br />
Technical indicators do not provide clear signals but until that the resistance is not broken the assumption of a decline is most likely. Bollinger bands are much discarded due to the strong increase that ttok place recently. The situation is expected to stabilize soon.<br />
Considering the previous situation, the market indicates a bullish opportunity as soon as the silver will has broken its resistance in 32.40 with 1st objectives 33.00 and 33.20. A breakdown in 32.20 will reverse this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-82745101911856249982012-02-29T22:41:00.002+08:002012-02-29T22:41:37.152+08:00SILVER Intraday Technical Analysis 2012-02-29<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120229/Silver_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120229/Silver_Spot.png" /></a></div>Silver is currently testing the upper limit of its medium term bearish channel in 37.60 and seems to initiate a decline. However a break of these levels will release significant potential and initiate a bullish trend.<br />
Technical indicators do not provide sell-signals but evolve in overbuy zone supporting the assumptions of a decline. Bollinger bands are much discarded to a result of the strong increase of these days. Stabilization is expected in the short term.<br />
According to previous events, the market will show the bullish chance when silver has broken its resistance at 37.60 with the 1st objective of 38.20, then 38.50. A break through 37.40 will invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-53099160464114974072012-02-29T22:40:00.002+08:002012-02-29T22:40:55.082+08:00GOLD Intraday Technical Analysis 2012-02-29<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120229/Gold_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120229/Gold_Spot.png" /></a></div>Gold is currently testing the intermediate resistance of its medium term bullish channel in 1,792 suggesting a decline. Still puncturing through these levels will allow it to reach the upper limit of its channel to 1,827.<br />
Technical indicators don't give clear signals but are approaching the overbuy zone suggesting a decline. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
According to previous events, the market will show a bullish opportunity as soon as gold has broken its resistance at 1,792 with the 1st objective of 1,802, then 1,810. A break though 1,789 will invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-84226910980748817412012-02-27T21:20:00.000+08:002012-02-27T21:20:23.067+08:00SILVER Intraday Technical Analysis 2012-02-27<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120227/Silver_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120227/Silver_Spot.png" /></a></div>The silver is currently testing the upper limit of its medium term bullish channel at 35.70 and seems to initiate a decline. However, a break of these levels will free up significant potential and initiate a bullish trend more violent.<br />
Technical indicators provide sell-signals and are approaching the overbuy zone supporting the assumption of a decline. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
According to previous events, the market will indicate a bullish opportunity as soon as the silver has broken its resistance at 35.70 with the 1st objective of 36.30, then 36.50. A break through 35.50 will invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-7516909010916901282012-02-23T19:32:00.002+08:002012-02-23T19:32:17.897+08:00SILVER Intraday Technical analysis 2012-02-23<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120223/Silver_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120223/Silver_Spot.png" /></a></div>The silver is moving in a medium-term trading range and approach to the upper limit of this one in 34.50 suggesting a decline. However a break of these levels would free a large potential and initiate a bullish trend.<br />
Technical indicators do not provide clears signals but approach to the overbuy zone suggesting a decline in the short term and until that the resistance is not broken the assumption of a decline is most likely. Bollinger bands are much discarded to a result of the strong increase of these days. Stabilization is expected in the short term.<br />
According to previous events, the market indicates a bullish opportunity as soon as the silver will have broken its resistance in 34.50 with a 1st objective of 34.90, then 35.10. A break in 34.30 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-87924679812205732562012-02-23T19:31:00.002+08:002012-02-23T19:31:39.849+08:00GOLD Intraday Technical analysis 2012-02-23<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120223/Gold_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120223/Gold_Spot.png" /></a></div>The gold is currently testing the intermediate resistance of its medium term bullish channel in 1785 suggesting a decline. However a break of these levels would free a large potential and allow it to reach the upper limit of its channel to 1813.<br />
Technical indicators do not provide sellers signals but evolve in overbought zone suggesting a decline in the short term. Bollinger bands are much discarded to a result of the strong increase of these days. Stabilization is expected in the short term.<br />
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1785 with a 1st objective of 1795, then 1798. A break in 1783 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-350820597232962912012-02-20T21:59:00.000+08:002012-02-20T21:59:16.383+08:00SILVER Intraday Technical analysis 2012-02-20<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120220/Silver_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120220/Silver_Spot.png" /></a></div>The silver is currently testing the upper limit of its medium term bearish channel in 33.70. and seems to initiate a decline. However a break of these levels would free up significant potential and initiate a bullish trend.<br />
Technical indicators don't give clears signals but approaching to the overbuy zone suggesting a decline. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
According to previous events, the market indicates a bullish opportunity as soon as the silver will have broken its resistance in 33.70 with a 1st objective of 34.30, then 34.50. A break in 33.50 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-83213016734884155942012-02-20T11:53:00.000+08:002012-02-20T11:53:04.959+08:00Malca-Amit to Boost Asian Precious-Metal Storage on Bank<div dir="ltr" style="text-align: left;" trbidi="on">Malca-Amit Global Ltd., a Hong Kong- based company that stores and transports precious metals and diamonds, plans to open a vault in Beijing and is doubling space in <a href="http://topics.bloomberg.com/singapore/">Singapore</a> as rising demand spurs gold’s 12th year of gains. <br />
The Beijing facility at the city’s airport will open by the end of the year, Ofer Wilner, regional manager of the Far East unit, said in an interview. A $2-million expansion at the Singapore FreePort will be ready in six months, adding three vaults to the existing pair, which are 80 percent full, he said. Malca-Amit, founded in Tel Aviv in 1963, is joining lenders such as <a class="web_ticker" href="http://www.bloomberg.com/quote/DBK:GY" title="Get Quote">Deutsche Bank AG (DBK)</a> and storage companies including The Brink’s Co. in opening or expanding vaults to tap demand for secure space to house commodities used to protect wealth. China may become the world’s largest gold market this year, displacing <a href="http://topics.bloomberg.com/india/">India</a>, according to the World Gold Council. <a href="http://www.bloomberg.com/news/2012-02-19/malca-amit-to-boost-asian-precious-metal-storage-on-bank-demand.html" target="_blank">READ MORE </a></div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-19666453060778273922012-02-15T20:53:00.002+08:002012-02-15T20:53:41.614+08:00GOLD Intraday Technical analysis 2012-02-15<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120215/Gold_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120215/Gold_Spot.png" /></a></div>The gold is currently testing the intermediate resistance of its medium term bearish channel in 1730 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1741.<br />
Technical indicators provide sellers signals supporting the assumption of a decline in the short term. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1730 with a 1st objective of 1741, then 1745. A break in 1728 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-77514119244789601492012-02-13T20:25:00.002+08:002012-02-13T20:25:41.355+08:00SILVER Intraday Technical analysis 2012-02-13<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120213/Silver_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="478" src="http://forex-images.instaforex.com/userfiles/20120213/Silver_Spot.png" width="640" /></a></div>The silver is currently testing the intermediate resistance of its medium term bullish channel in 33.90 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 34.60.<br />
RSI provide buyers signals but approaching to the overbuy zone suggesting a decline. Bollinger bands are stabilized showing a more regular volatility.<br />
According to previous events, the market indicates a bullish opportunity as soon as the silver will have broken its resistance in 33.90 with a 1st objective of 34.40, then 34.60. A break in 33.70 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-58504678649236849552012-02-13T20:24:00.002+08:002012-02-13T20:24:34.423+08:00GOLD Intraday Technical analysis 2012-02-13<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120213/Gold_Spot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="478" src="http://forex-images.instaforex.com/userfiles/20120213/Gold_Spot.png" width="640" /></a></div>The gold is currently testing the intermediate resistance of its medium term bearish channel in 1733 suggesting a decline. However a break of these levels would allow it to reach the upper limit of its channel to 1758.<br />
RSI provide buyers signals but approaching to the overbuy zone suggesting a decline. Bollinger bands are stabilized showing a more regular volatility.<br />
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1733 with a 1st objective of 1745, then 1748. A break in 1731 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-30150594020516087622012-02-10T21:59:00.000+08:002012-02-10T21:59:13.773+08:00GOLD Intraday Technical analysis 2012-02-10<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120210/Gold_Spot%281%29.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120210/Gold_Spot%281%29.png" /></a></div>The gold broke the lower limit of its medium term bullish channel in 1729 leading to an acceleration. A pull back on these levels is expected before a resumption of bearish.<br />
RSI provide sellers signals supporting the assumption of a decline. Bollinger bands are stabilized showing a more regular volatility.<br />
According to previous events, the market indicates a bearish opportunity on the levels of 1729 with a 1st objective of 1715, then 1710. A break in 1731 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0tag:blogger.com,1999:blog-4029720694984036508.post-658384037236449462012-02-10T21:58:00.000+08:002012-02-10T21:58:11.780+08:00SILVER Intraday Technical analysis<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="http://forex-images.instaforex.com/userfiles/20120210/Silver_Spot%281%29.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://forex-images.instaforex.com/userfiles/20120210/Silver_Spot%281%29.png" /></a></div>The silver approach to the lower limit of its medium term bullish channel in 33.30 suggesting a rebound. However a break of these levels would free a large potential and entail a bearish channel.<br />
RSI provide buyers signals suggesting a rebound in the short term. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.<br />
According to previous events, the market indicates a bullish opportunity on the levels of 33.30 with a 1st objective of 33.70, then 33.90. A break in 33.10 would invalidate this scenario.</div>Anonymoushttp://www.blogger.com/profile/06368433044317145696noreply@blogger.com0