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Old 25th April 2016
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EdgeFX EdgeFX is offline
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Gold, Silver, Oil Weekly Analysis

Gold Weekly Review





Weekly Review:


Since Silver bounced of from a resistive trend line at 16.038, the commodity has continually headed short, The commodity even ended up closing below a very significant support level 14.33. Following this downward movements, we are very reluctant to go long, instead we will remain short but with an ultimate stop at the lower supportive trend line. Any movements below this support trend line will signal further movements to the lower side.

Downward movements in other commodities such as Gold, will signal similar downward movements in silver. These commodities are positively correlated are thus expected to follow similar price movements.

Trade Recommedations:

Remain short in the silver markets but with an ultimate stop at the lower supportive trend line. Any clear movements will signal further movements to the lower side.



Oil weekly Review

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Old 3rd May 2017
AlexHales AlexHales is offline
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It is definitely very good to trade through analyzing and all that, but we need to be sure about the source or else it can really backfire. I operate with OctaFX broker who provide me with wide range of features and facilities with having small spreads at 0.1 pips, zero balance protection, swap free account and then there is also cash back up to 50% which can be used too, it’s all pretty amazing and helps up with working ever so smoothly.
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