Commodity Trade Mantra

Posts Tagged ‘Pivot Point’

A Hard Look At Gold via 7 Technical Charts

Looking at gold from different angles chart-wise, gold looks like its nearing a make-or-break level. Gold and silver miners are also consolidating near their support level dating back to 2002. Inflation expectations are also nearing a breakout / breakdown point. Soon we will know more about the true state of the global economy.

Silver Chart And Sentiment Show Potentially Very Sharp Rally

There is an interesting development brewing in the silver market. On the near term, 2 important indicators are flashing a potential key reversal, at least for the short & mid term. First, sentiment is at an important pivot point. Second, the long term silver chart seems to be accomplishing a multi year chart pattern.

follow us

markets snapshot

Market Quotes are powered by

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook