Gold •144 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 962.20 | -12.90 | -1.32% | |
WTI Crude •16 mins | 70.99 | -0.25 | -0.35% | |
Gasoline •52 mins | 2.050 | -0.012 | -0.57% | |
Ethanol •144 days | 2.161 | +0.000 | +0.00% | |
Silver •144 days | 30.82 | +1.16 | +3.92% |
Silver • 144 days | 30.82 | +1.16 | +3.92% | ||
Copper • 144 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 16 mins | 74.92 | -0.25 | -0.33% | ||
Natural Gas • 18 mins | 3.386 | +0.257 | +8.21% | ||
Heating Oil • 35 mins | 2.274 | -0.001 | -0.04% |
Contributor since: 26 Feb 2010
During the day Merv practices his engineering profession as a Consulting Aerospace Engineer. Once the sun goes down and night descends upon the earth Merv dons his other hat as a Chartered Market Technician (CMT) and tries to decipher what's going on in the securities markets. As an underground surveyor in the gold mines of Canada's Northwest Territories in his youth, Merv has a soft spot for the gold industry and has developed several Gold Indices reflecting different aspects of the industry. As a basically lazy individual Merv's driving focus is to KEEP IT SIMPLE.
The week started on a downer and ended on a downer. Gold is trying to recover from the plunge but is finding difficulty. Which way…
Weekly Technical Information and Ratings Click to open larger image in new window.
WOW! but no time to panic -- yet. Not good short term but still okay for the other time periods. Let's get on with the…
Weekly Technical Information and Ratings Click to open larger image in new window.
Tuesday was a bummer. Was someone playing around with the bullion? Wednesday was back on track and everything looks great. GOLD LONG TERM Well, we…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
Butting heads with that $675 resistance level gold just couldn't get enough steam to get anywhere this past week. Maybe this coming week – or…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
Do you believe the world wide attention the death of Anna Nicole has been receiving? No wonder gold was moving higher and higher almost every…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
It was looking good there for a while but then along came Friday. Why always Friday? Maybe it just seems like sharp moves occur on…
Only two up days with three down days but still ending on the plus side. Gold is up against a strong resistance barrier. Wi Well…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
Seven months of a lateral trend and still counting. Neither war nor famine nor energy volatility seems to wake this sleeper of a gold trend.…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
Commentators have declared that investors were picking up "bargains" this week, lifting the markets towards weekly gains. What "bargains"? Bargains are known only after some…
Time to wake up after the holidays. A mean week but things may not be all that bleak, if you ignore the metals, energy, financials,…
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
The precious metals seem to be having a rough time trying to get anywhere. Maybe it's just the season with major speculators taking a holiday?…
Most fundamental analysts see gold going through the roof, so why isn't it? Hell if I know, I just follow what's happening not what should…