Author Archives: wisdom_trading

Gold Futures Comments

By wisdom_trading | Published: April 23, 2012
Comex Gold – June 12 – Consolidating just above supports. Medium term trends continue to flatten out with prices over the past 7 months having consolidated within the confines of a broad and volatile trading range. Expect immediate weakness to again uncover good support starting in the 1630.0/35.0 area then again towards the more important...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Silver Futures Comments

By wisdom_trading | Published: April 23, 2012
Comex Silver – July 12 – Lacking directions for time being. Medium term trends continue to flatten out with prices still firmly trapped within the confines of the past 7 months broad and volatile trading range. Expect support waiting in and around the 31.00/20 level to come under renewed examination in the days ahead, which...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Copper Futures Comments

By wisdom_trading | Published: April 23, 2012
Copper – Key resistance being approached. While the medium term bearish outlook is undisturbed with completed topping patterns capable of still pushing values lower, recent falls are currently being digested through a fresh period of correction and reconsolidation. Believe pivotal resistance in and around the 8230/50 area could now come under close examination, which if...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Comex Gold Futures Comments

By wisdom_trading | Published: April 20, 2012
Comex Gold – June 12 – Choppy two way activity continues. Medium term trends continue to flatten out with prices over the past 7 months having consolidated within the confines of a broad and volatile trading range. Expect immediate weakness to again uncover good support starting in the 1630.0/35.0 area then again towards the more...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Comex Silver Futures Comments

By wisdom_trading | Published: April 20, 2012
Comex Silver – July 12 – Remains trapped within range for now. Medium term trends continue to flatten out with prices still firmly trapped within the confines of the past 7 months broad and volatile trading range. Expect support waiting in and around the 31.00/20 level to come under renewed examination in the days ahead,...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Copper Futures Comments

By wisdom_trading | Published: April 20, 2012
Copper – Vulnerable to renewed weakness. Short to medium term technical studies remain clearly bearish with completed topping patterns capable of pushing prices significantly lower in the coming weeks. Consider immediate recovery attempts as corrective action only and hence unlikely to prove sustainable at this stage. Expect strong resistance to again be encountered at initially...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Comex Gold Futures Comments

By wisdom_trading | Published: April 19, 2012
Comex Gold – June 12 – Choppy two way activity continues. Medium term trends continue to flatten out with prices over the past 7 months having consolidated within the confines of a broad and volatile trading range. Expect immediate weakness to again uncover good support starting in the 1630.0/35.0 area then again towards the more...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Comex Silver Futures Update

By wisdom_trading | Published: April 19, 2012
Comex Silver – July 12 – Remains trapped within range for now. Medium term trends continue to flatten out with prices still firmly trapped within the confines of the past 7 months broad and volatile trading range. Expect support waiting in and around the 31.00/20 level to come under renewed examination in the days ahead,...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Copper Futures Update

By wisdom_trading | Published: April 19, 2012
Copper – Recoveries appear to be corrective only. Short to medium term technical studies remain clearly bearish with completed topping patterns capable of pushing prices significantly lower in the coming weeks. Consider immediate recovery attempts as corrective action only and hence unlikely to prove sustainable at this stage. Expect strong resistance to again be encountered...
Futures and options trading involve risk of loss. News may have already been factored in the market.
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Comex Gold Futures Comments

By wisdom_trading | Published: April 18, 2012
Comex Gold – June 12 – Choppy two way activity continues. Medium term trends continue to flatten out with prices over the past 7 months having consolidated within the confines of a broad and volatile trading range. Expect immediate weakness to again uncover good support starting in the 1630.0/35.0 area then again towards the more...
Futures and options trading involve risk of loss. News may have already been factored in the market.
Posted in Uncategorized | Leave a comment