Gold •171 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •1 day | 69.46 | +0.08 | +0.12% | |
Gasoline •1 day | 1.942 | +0.019 | +0.98% | |
Ethanol •171 days | 2.161 | +0.000 | +0.00% | |
Silver •171 days | 30.82 | +1.16 | +3.92% |
Silver • 171 days | 30.82 | +1.16 | +3.92% | ||
Copper • 171 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 1 day | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 1 day | 2.232 | -0.006 | -0.27% |
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.
Weekly Technical Information, Ratings and Comments Click to open larger image in new window.
Gold keeps crawling higher and higher BUT the emphasis is on crawling. It is not a burst of enthusiasm but a slow and steady climb.…
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Is this what they call slow torture? A slow climb but still far from the July high. Merv's Gold Indices, however, show that the stocks…
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Still going nowhere. Gold has declined 4 out of 5 days in each of the past two weeks. This has not happened since May of…
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Thursday's $18.50 up move was the best since late June but unlike that move there was no follow through on Friday, and the earlier move…
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The gains just keep on coming. It's getting harder and harder to remain cautious in this market but sometimes that may be the best option.…
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Four up and only one down but still going nowhere. Gold is setting itself up for a move - but which way? WHO TO TRUST?…
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All things considered, gold and North American Gold Indices went nowhere during the week. Where they were on Monday, they were on Friday. Time for…
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It's so easy to get all excited that a new bull has arrived, until you look at the charts. Is it the start or just…
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A Snippy Commentary I just couldn't let this go without a snippy commentary. If you don't like snippy, go to the next section. All (well…
Crude Oil - Long Term Long Term Support Breached For many weeks now I have been cautioning that the chances of a significant correction in…
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