Silver Gold Bull - Your Trusted Bullion Dealer Fundamental Headlines • Iran Nuclear Report Prompts Call for Sanctions – Bloomberg • Berlusconi Resignation Fails to Convince Markets – Reuters • German “Wise Men” Warn ECB is Risking Credibility – Reuters • Uncertainty in Greek Succession – WSJ • Exit from Italian Debt Spurs Fears...
Talking Points Euro: German Growth To Slow, ECB To Cut Rates Further British Pound: Continues To Trade Below 200-Day SMA, BoE To Maintain Current Policy U.S. Dollar: Rallies on Risk Aversion, Fed Chairman Bernanke On Tap Euro: German Growth To Slow, ECB To Cut Rates Further The Euro struggled to hold the range carried...
Gold Silver – Daily Outlook November 9 Gold and silver continued to rally and moderately inclined yesterday. The news from Greece and Italy continues to pour in but doesn’t seem to have much of an effect on the commodities and forex markets (for the time being). Today, Australia employment report will be published, and...
300 Minute Bars Prepared by Jamie Saettele, CMT “Crude has already retraced over 50% of the decline from 9050 and additional resistance comes in at 8489-8540 (former support and 61.8% retracement of the decline). Wave structure is bearish as the rally from 9050 was 3 waves (corrective) and the decline from 9050 in 5...
300 Minute Bars Prepared by Jamie Saettele, CMT “Crude has already retraced over 50% of the decline from 9050 and additional resistance comes in at 8489-8540 (former support and 61.8% retracement of the decline). Wave structure is bearish as the rally from 9050 was 3 waves (corrective) and the decline from 9050 in 5...
Weekly Bars Prepared by Jamie Saettele, CMT A longer term look at crude reveals a clear bear trend as long as price is below 9049. A break below 7570 would shift focus to the May 2010 low at 6717, Fibonacci extension at 5976 and channel support. An extremely bearish count treats the decline from...
300 Minute Bars Prepared by Jamie Saettele, CMT A longer term look at crude reveals a clear bear trend as long as price is below 9049. A break below 7570 would shift focus to the May 2010 low at 6717, Fibonacci extension at 5976 and channel support. An extremely bearish count treats the decline...