Gold The gold market has rallied stringently in the Thursday's session, showing signs of strength to reach towards the $1235 level. The level above is a
The gold market has rallied stringently in the Thursday’s session, showing signs of strength to reach towards the $1235 level. The level above is a lot noisy for the market until it manages to break above the $1250 level, which would free up the market to move further higher. Today’s job numbers are likely to keep the market volatile, and if stronger than expected job numbers are reported, the market might witness a pullback. …Read More
The silver prices exploded higher with heavy volumes during the yesterday’s session, reaching towards the $14.70 level. There is a slight resistance placed at $14.80 level, and if it breaks higher, it can move towards the $15 level. The $14.50 level underneath has a strong support and will continue to attract buyers around. …Read More
The crude oil market had a rather flat session on Thursday hovering around the $64 level, as the market is trying to find a base around. There is a massive support place around the $62.50 level also Iranian sanctions are coming to effect on Nov. 4, which will have a slight impact on the market. The $65 level above is now acting as a strong resistance and a break above could send the prices much higher. …Read More
The natural gas market has pulled back a little during yesterday’s session, breaking below the $3.25 level, because of less than estimated inventory numbers were posted. Today’s US job data will also have an impact on the price of natural gas. The probable range for the market in short term is now between $3.20 and $3.30 level. …Read More
Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.