DailyMarkets.com - Crude Oil, Gold Rise As European GDP Data Fuels Risk Appetite |
- Crude Oil, Gold Rise As European GDP Data Fuels Risk Appetite
- Gold Timing Review
- Crouching Tiger, Hidden Profit
| Crude Oil, Gold Rise As European GDP Data Fuels Risk Appetite Posted: 14 Aug 2012 02:31 AM PDT Talking Points Crude Oil, Copper Rise as Risk Appetite Firms on European GDP Data Commodity prices are on the upswing as market-wide risk appetite finds support after marginally stronger than expected French and German second-quarter GDP figures. The region-wide GDP print registered in line with forecasts. Growth-linked crude oil and copper prices are following shares higher while gold and silver are seeing a de-facto boost … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
|
| Posted: 13 Aug 2012 09:37 PM PDT The gold cheer leaders are behind a new bullish move for gold back to $1900 USD. Let’s review the GLD chart with our very own RTTTrendPowerOBV. With good trends volume confirms the trend, many folks have relied on the standard OBV to confirm the health of the trend. RTT members can add to this RTTTrendPower and RTTTrendPowerOBV. Excellent chart eye candy follows. Of course timing is also supported by Hurst Cycles as seen here:
|
| Crouching Tiger, Hidden Profit Posted: 13 Aug 2012 12:42 AM PDT I’ve been pondering the apparent divergence between the Shanghai Composite and commodity-based indicators of Chinese growth. The Shanghai Composite remains in a downtrend. Even though it has staged a recent rally, the intermediate term trend is still down. On the other hand, commodity-based measures, which are secondary indicators of Chinese growth, appear to be either stabilizing or undergoing a bullish reversal. For the purposes of this analysis, I will not show commodity indices … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment