Articles by: Miroslav Marinoff

Commodity Market: Support and Resistance Levels for Tuesday (November 22nd 2016)

Silver (SI) for December delivery (1 Troy Ounce) R1 – $16.544 R2 – $16.567 R3 (Range Resistance – Sell) – $16.590 R4 (Long Breakout) – $16.659 R5 (Breakout Target 1) – $16.739 R6 (Breakout Target 2) – $16.771 S1 – $16.498 S2 – $16.475 S3 (Range Support – Buy) – $16.452 S4 (Short Breakout) – […] Read more

Commodity Market: Support and Resistance Levels for Monday (November 21st 2016)

Silver (SI) for December delivery (1 Troy Ounce) R1 – $16.653 R2 – $16.682 R3 (Range Resistance – Sell) – $16.711 R4 (Long Breakout) – $16.797 R5 (Breakout Target 1) – $16.898 R6 (Breakout Target 2) – $16.943 S1 – $16.595 S2 – $16.566 S3 (Range Support – Buy) – $16.537 S4 (Short Breakout) – […] Read more

Gold trading outlook: futures plummet to fresh 5.5-month lows, as USD hits 13.5-year highs on Yellen’s remarks, Fed speakers awaited

On Thursday (in GMT terms) gold for delivery in December traded within the range of $1,210.5-$1,231.1. Futures closed at $1,216.9, edging down 0.57% compared to Wednesday’s close. It has been the 205th drop in the past 383 trading days, a second consecutive one and also the steepest one since November 11th. The daily low has […] Read more