Merv Burak

Contributor since: 26 Feb 2010

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• Technically Precious with Merv

  Published 12 July 2010 | viewed 0 times

  After a sharp drop leading into the long weekend last week gold seemed to have just taken a breather and moved sideways this week. I…

• Technically Precious with Merv

  Published 05 July 2010 | viewed 0 times

  Feet on the stool, beer in hand I'm TV watching the Queen in Ottawa (it's Canada's birthday after all) how was I to know that…

• Technically Precious with Merv

  Published 19 June 2010 | viewed 0 times

  We're into new all time highs in gold, inflation non-adjusted. Still the move does not have the momentum (strength) behind it to give us all…

• Technically Precious with Merv

  Published 14 June 2010 | viewed 0 times

  The week started out well but didn't finish as such. Although gold made new highs it was not decisive. Should gold drop below the $1216…

• Technically Precious with Merv Week Ending 07 May 2010

  Published 08 May 2010 | viewed 0 times

  The saying "looks too good to be true" just seems to fit the latest gold activity. I like the action but something just doesn't jive.…

• Technically Precious with Merv Week Ending 30 April 2010

  Published 03 May 2010 | viewed 0 times

  Except for Thursday it was a pretty good week. So why am I feeling a little cautious? The action behind the latest up trend in…

• Technically Precious with Merv

  Published 12 April 2010 | viewed 0 times

  It's been a good week for gold, actually a good two and a half weeks. Gold looks to be on another tear and is heading…

• Technically Precious with Merv

  Published 20 March 2010 | viewed 2,293 times

  Four up days almost all disintegrated in one day. We seem to be getting too many sharp down days over the past few months, or…

• Technically Precious with Merv

  Published 15 February 2010 | viewed 2,082 times

  The weekly action has been primarily to the up side but still we've gone no place. Since Dec gold has formed a downward sloping wedge…

• Technically Precious with Merv

  Published 08 February 2010 | viewed 2,148 times

  Gold looks great if you turn the page upside down. Otherwise, one might just stay away for a while until the dust settles. The NYMEX…

• Technically Precious with Merv

  Published 01 February 2010 | viewed 1,973 times

  The week has seen no major moves in gold, either way. However, the price is sitting right on top of a support area and a…

• Merv's Non-Edibles Futures Page

  Published 16 January 2010 | viewed 1,931 times

  Weekly Technical Information and Ratings Larger Image  

• Technically Precious with Merv

  Published 16 January 2010 | viewed 2,524 times

  Unexpected events often have a shock effect on the markets. The shock may last for some time or go away quickly. As far as the…

• Technically Precious with Merv

  Published 10 January 2010 | viewed 2,613 times

  The first full week of trading in three weeks has been kind of positive but not all that bullish. Speculators are slowly dragging themselves away…

• Technically Precious with Merv

  Published 20 December 2009 | viewed 3,042 times

  Thursday was a bummer. Is there a disaster ahead? The "blow-off" is continuing as expected but for how long? Questions, questions, but do we have…

• Technically Precious with Merv

  Published 14 December 2009 | viewed 1,991 times

  The rough period in gold is upon us. Now the question is for how long? I'll let others answer that question. I'll just follow the…

• Technically Precious with Merv

  Published 05 December 2009 | viewed 3,843 times

  That "blow-off" line shown last week has been breached this Friday and I'm afraid we're in for some rough sailing ahead, at least for a…

• Technically Precious with Merv

  Published 30 November 2009 | viewed 2,511 times

  It looked like a rough time on Friday but gold rebounded and in the end it wasn't all that bad. Where does that leave us…

• Technically Precious with Merv

  Published 23 November 2009 | viewed 2,128 times

  The move in gold since late October cannot be maintained. Is there a rest or reaction ahead? Let's see what the indicators say. ONLY FOR…

• Technically Precious with Merv

  Published 16 November 2009 | viewed 2,225 times

  Boy, you go away for a few days and all hell breaks loose. When last I looked gold was looking weak. Now, three weeks later…