Daily stochastics crossed and pointing down. Still long way to go to become oversold area. Next stop 1450?
Friday, April 12, 2013
Thursday, March 28, 2013
Friday, March 15, 2013
Bulls hanging well
So price fall wasn't dramatic. Which shows strength of the bulls. Weekly MACD flattens. Weekly slow stochastics about to point up. It means next week metals will penetrate 1600 hurdle and rise further.
Wednesday, March 13, 2013
Metals can't recover
Gold and silver slow stochastics so damn oversold. But in reality it can't really recover now. On daily chart bollinger bands are narrowing. Usually it's indication of breakout. This time it's most likely downside breakout AGAIN. Daily slow stochastics also falling. Maybe my predicted 27.50 area?
Tuesday, March 5, 2013
Monday, March 4, 2013
Thursday, February 28, 2013
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