Oil Trade, looking the CL oil futures and trading from our managed account. We are in a mid term downtrend. Looking at the 240 min chart we have hit support and we are looking for a bounce up to 101.63 before a further continuation in the direction of the major trend. has normally produced a…
Chicago- CME Silver traders showing decreasing commitment in futures market. Silver has been in a very tight consolidated trading zone with a smaller range on the weekly charts. As price breaks below 19.50 we see there are no large buyers entering the market on the Silver futures contract. The volume on silver has also dropped…
Is Gold Over Bought ? Gold Trading: Looking for a Short Since gold pass 1270.00 is start to be Over Bought. Gold is falling in to a range of old highs that range between 1350.00 and 1325.00. What it’s good for those who are more “Long” on mid-term in gold trading. As you can see,…
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