Gold and Crude Oil Test Support

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

vhf

Rank: President [?]

Points: 15870 [?]

Votes: 90 Score: 4.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Gold and Crude Oil Test Support

posted on Nov 17, 2010 04:43PM

A couple of commodity heavyweights are testing support.

Regards - VHF

Gold and Oil Test 50-Day Moving Averages

B.I.G.

November 17, 2010

After sharp pullbacks from extreme overbought levels in just a few days, both gold and oil now find themselves testing support at their 50-day moving averages. If the 50-days hold, technicians will be looking for another run to new highs. If not, the chart patterns for both commodities will look much less attractive.

5 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply