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…
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…
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…
Gold Futures Comments
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…