Commodity Trade Mantra

Posts Tagged ‘Technical Analyst’

Signs That The Silver Bull Market Is Consolidating

The bear market phase in silver from 2011 has definitely ended. However, it has risen quite sharply in recent months to arrive at a zone of significant resistance, so it is quite normal for it to consolidate or react back here, before later breaking above this resistance and continuing higher. A reasonable objective for a correction is the support level seen at $18.

Silver Outlook: Short-Term "Overbought & Volatile", Long-Term "Positive"

Commercial short & Large Spec long positions in silver have built up to a very high record level, making a reaction back soon a high probability. Bullishness towards silver is now at extreme levels, and while this doesn’t always lead to an immediate reversal, taken together with the other factors, it does suggest that caution is in order with respect to silver’s immediate prospects.

The Once In A Lifetime Gold Trade Opportunity

Very few know it, but we are presently sitting at two extreme market conditions. The Once in a lifetime Gold Trade opportunity is being set up right now – Most remain unaware because they have their eyes glued to the television screen called the MSM — Main Stream Media.

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