Tag: Commodities Review

Osama Bin Laden is dead – How will Silver, Gold and Oil prices react? | Financial Review | Stocks & Commodities

by Editor on May 2, 2011 in Investment Tips & Guides • 0 Comments

On 2nd May 2011, one day after Singapore Labor Day, US President Obama officially announced that Osama Bin Laden was killed in a joint raid overnight Sunday in Pakistan’s northwestern district of Abbottabad, some 40 miles from Islamabad. The town also is home to a Pakistani military academy. Two American helicopters took part in the operation, the official said. One Pakistani…

Gold prices soar with the weakening of USD | Technical Analysis | Commodities

by Editor on April 22, 2011 in Investment Tips & Guides • 0 Comments

As we see the USD index depreciating to 3 years low against other major currency, it is no surprise that USD pegged commodities saw significant uptrend. Of greater interest is Gold. Earlier in the month when I last posted my analysis when Gold started to forma consolidating wedge with resistance around $1440, there were signs of bearish divergences in RSI,…

Gold to test recent highs with weakness in USD

by Editor on December 28, 2010 in Investment Tips & Guides • 0 Comments

See and download the full gallery on posterous With China raising interest rates, it is no one’s surprise that USD will be under some pressures. USD index to test lower brollinger band while gold to retest recent highs. Gold may hit $1500 once the triple top is breached. Follow us on: Share this article on: