Precious Metals

By Mar 02, 2009 07:00PM ET

www.investing.com/analysis/revue-hebdomadaire-du-march%C3%A9-30-avril-2012-19465

Precious Metals

By | Mar 02, 2009 07:00PM ET

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gold

Gold is battling 38.2% Fibonacci zones around 925.00-930.00 after yesterday's expected downside move which covered the gap clearly. We now expect that the metal will continue retracing this decline particularly if the price could be able to close a 4 h candle above the mentioned level. This bullish overview is based on the positive signals appearing on Stochastic, Gator and MACD traditional indicators and it will not be changed unless a clear break occurs below 912.00 levels

The trading range for today is among the key support now at 900.00 and key resistance now at 973.00 level.

The general trend is to the upside as far as 896.00 remains intact with targets at 1035.00 and 1060.00

Support	922.00	917.00	912.00	907.00	896.00
Resistance	935.00	945.00	952.00	963.00	973.00
Recommendation	According to our analysis, we believe that it is good to buy gold with a four hour close above 930.00 with targets at 952.00 and stop loss with a four hour close below 912.00.

silver

Silver reached the critical areas between 12.70 and 12.85 (61.8%) Fibonacci expansion of the upside wave as we discussed in our mid-day report yesterday and it’s trying to build a new technical base whereas it can retrace the decline that occurred near 14.60. We expect a new upward wave for the intraday basis as far as 12.25 remains unbroken. Note: Stochastic and William%R show oversold case besides Gator bullish signal

The trading range for today is among the key support at 12.00 and key resistance now at 13.88.

The general trend is to the upside as far as 12.00 remains intact with targets at 16.50.

Support	12.75	12.66	12.55	12.45	12.33
Resistance	12.93	13.06	13.12	13.25	13.35
Recommendation	According to our analysis, we believe that it is good to buy silver with a four hour close above 13.05 with targets at 13.50 and stop loss with a four hour close below 12.70.

Weekly Technical Strategist: EURUSD By Mohammed Isah - Oct 23, 2011

EURUSD: Although the pair closed marginally higher the past week, EUR continues to hold on to its recovery tone set from the 1.3144 level. This leaves scope for further...

Copper, Get Short, At Least Marginal New Lows Below 299.40 Ahead By David Solin - Oct 23, 2011

Copper is up from its multi-month low at the 299.40, but the gains are seen as a correction (wave 4 in the fall from the Aug 1st high at 454.00), and with eventual new lows below...

Daily Commodities Update: US Crude Oil By AutoChartist - Oct 21, 2011

US Crude Oil futures retreated with equities in relatively quiet trading. The move lower appears to confirm the technical breakout from a Rising Wedge chart pattern detected by...

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Central Banks

Interest Rates

Next Meeting

FED

4.50%

Mar 19, 2025

ECB

2.90%

Mar 06, 2025

BOE

4.50%

Mar 20, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

BOC

3.00%

Mar 12, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

US 30	43,567.0	+132.7	+0.31%
US 500	5,990.4	+34.2	+0.57%
Dow Jones	43,433.12	-188.04	-0.43%
S&P 500	5,956.06	+0.81	+0.01%
Nasdaq	19,075.26	+48.88	+0.26%
S&P 500 VIX	18.06	-1.04	-5.45%
Dollar Index	106.550	+0.221	+0.21%

Crude Oil WTI	68.99	+0.37	+0.54%
Brent Oil	72.47	+0.40	+0.56%
Natural Gas	3.973	+0.014	+0.35%
Gold	2,892.56	-38.04	-1.30%
Silver	31.965	-0.307	-0.95%
Copper	4.6023	+0.0158	+0.34%
US Soybeans	1,028.75	+3.75	+0.37%

U.S. 10Y	4.299	+0.050	+1.18%
U.S. 30Y	4.546	+0.039	+0.87%
U.S. 5Y	4.124	+0.047	+1.15%
U.S. 3M	4.317	+0.015	+0.35%
US 10Y T-Note	110.55	-0.30	-0.27%
Euro Bund	132.66	-0.28	-0.21%
10-2 Yield Spread	19.61	-2.98	-13.19%

Apple	240.36	-6.68	-2.70%
Alphabet A	172.73	-2.69	-1.53%
Tesla	290.80	-12.00	-3.96%
Amazon.com	214.35	+1.55	+0.73%
Netflix	990.06	+12.82	+1.31%
Meta Platforms	673.70	+16.20	+2.46%
Bank of America	43.94	0.00	0.00%

Precious Metals

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