Comex Gold (GC) Gold’s rebound was limited at 964.6 and retreated again. With 4 hours MACD crossed below signal line, intraday outlook is turned neutral again. The choppy look of the rise…
Month: September 2009
Silver Daily Technical Outlook
Comex Silver (SI) At this point, intraday bias in Silver remains on the upside and further rise could be seen to 15.185 resistance. Break there will confirm that whole rally from 12.435…
Potential Slowdown In China Growth Pressured Commodities
Crude oil price plunged -3.8% to settle at 69.96 Monday amid worries that credit tightening in China would dampen demand outlook. Stock markets also declined with Dow Jones Industrial Average and S&P…
Refiners In China At Risk As The Government May Delay Price Hike
Crude oil price rebounds to 70.2 in European morning as strong China PMI eases demand worries. Trading will likely remain thin before NY session opens. The US government will report ISM manufacturing…