Merv Burak

Contributor since: 26 Feb 2010

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• Technically Precious with Merv For Week Ending 19 August 2011

  Published 22 August 2011 | viewed 0 times

  Boy, you leave for a few days and all hell breaks loose. Gold is up some $200 since I last looked. Is this a "blow-off"…

• Technically Precious with Merv For Week Ending 08 July 2011

  Published 11 July 2011 | viewed 0 times

  Everything looked rosy this past week but now the question, "will it stay that way?" Time will tell but the latest action is getting into…

• Technically Precious with Merv For Week Ending 01 July 2011

  Published 04 July 2011 | viewed 0 times

  So far the head and shoulder pattern in gold, highlighted here for the past couple of weeks, is acting right on schedule. If all continues…

• Technically Precious with Merv For Week Ending 10 June 2011

  Published 13 June 2011 | viewed 0 times

  Although it looks as if gold has been moving sideways for the past two weeks a closer look suggests a topping activity. This coming week…

• Technically Precious with Merv For Week Ending 18 March 2011

  Published 21 March 2011 | viewed 0 times

  So, why hasn't gold shot up through the roof with all that's been going on lately? It's a good thing I'm a technician and don't…

• Technically Precious with Merv For Week Ending 11 March 2011

  Published 14 March 2011 | viewed 0 times

  Over the past several days gold has been hitting all time highs BUT the momentum indicator was telling us that the move was on greatly…

• Technically Precious with Merv For week ending 25 February 2011

  Published 28 February 2011 | viewed 0 times

  Despite all the turmoil gold was not able to get into new high territory. It will be interesting which way for gold next week. GOLD…

• Technically Precious with Merv For Week Ending 11 February 2011

  Published 14 February 2011 | viewed 0 times

  The upheaval in the Middle East has done nothing for gold. It looks like gold is ready for more downside action. A move to $1305…

• Technically Precious with Merv For Week Ending 04 February 2011

  Published 07 February 2011 | viewed 0 times

  Gold bottomed and looks to be moving higher BUT the volume is just not there to be encouraging. The next week or so will tell…

• Technically Precious with Merv For week ending 07 January 2011

  Published 10 January 2011 | viewed 0 times

  It seems that gold puts on a rally of sorts at the end of the year. The big question always is "will it last?" It…

• Technically Precious with Merv For Week Ending 10 December 2010

  Published 13 December 2010 | viewed 0 times

  Still a potential head and shoulder pattern or not? See the short term analysis below. With all that's happening in the world one would expect…

• Technically Precious with Merv For Week Ending 26 November 2010

  Published 28 November 2010 | viewed 0 times

  Gold continues to act as one would expect when tracing out a bearish head and shoulder pattern. It's not finished yet and may not but…

• Technically Precious with Merv For Week Ending 12 November 2010

  Published 15 November 2010 | viewed 0 times

  Ouch! That was some decline on Friday, the worst single day decline since early Feb. The Feb decline ended the next day and gold took…

• Technically Precious with Merv For Week Ending 05 November 2010

  Published 08 November 2010 | viewed 0 times

  We're just nudging up against the $1400 mark, can $1600 be far away? That still seems to be the most talked about target although $2600…

• Technically Precious with Merv For Week Ending 15 October 2010

  Published 18 October 2010 | viewed 0 times

  Short term indicators are suggesting weakness in this latest move by gold into new highs. Are they telling us that a plunge is ahead? GOLD…

• Technically Precious with Merv For Week Ending 08 October 2010

  Published 11 October 2010 | viewed 0 times

  Is it the economy, is it world tensions, who cares, the precious metals just keep on going higher and higher. Where they will stop nobody…

• Technically Precious with Merv For Week Ending 01 October 2010

  Published 04 October 2010 | viewed 0 times

  Nine weeks of consistent upside action. It can't continue for much longer before something gives. Gold is once more becoming the talk of the town…

• Technically Precious with Merv for Week Ending 24 September 2010

  Published 28 September 2010 | viewed 0 times

  Other than Tuesday it was a pretty good week. There was all that excitement about the $1300 mark for gold but let's get real, it's…

• Technically Precious with Merv for Week Ending 03 September 2010

  Published 07 September 2010 | viewed 0 times

  Gold continues to climb. It's not exuberant and it's not exciting but it keeps on climbing. It's at a point where one would expect a…

• Technically Precious with Merv for Week Ending 20 August 2010

  Published 23 August 2010 | viewed 0 times

  Since its bottom in late July gold has been on an almost steady advance, day after day. However, this advance has traced an upward sloping…