Gold •141 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 968.90 | -1.60 | -0.16% | |
WTI Crude •20 mins | 70.14 | +0.04 | +0.06% | |
Gasoline •19 mins | 2.054 | -0.005 | -0.26% | |
Ethanol •141 days | 2.161 | +0.000 | +0.00% | |
Silver •141 days | 30.82 | +1.16 | +3.92% |
Silver • 141 days | 30.82 | +1.16 | +3.92% | ||
Copper • 141 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 20 mins | 74.23 | +1.42 | +1.95% | ||
Natural Gas • 19 mins | 3.414 | +0.075 | +2.25% | ||
Heating Oil • 20 mins | 2.271 | -0.003 | -0.13% |
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 and Ratings Larger Image
This is a difficult time for a gold analyst, especially when one doesn't REALLY know what the heck's going on behind the scenes. However, one…
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Although gold closed the week about 1.2% ahead of last week it still seems to be going nowhere. Over the past month it has been…
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Although the week started horrible it ended on an up note. Now the question is, "will the up note continue"? The step manner of the…
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The week started okay but ended on a sour note. It's not the time to panic yet but not the time to plunge in either.…
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What does one say after a week like this past one? Memories of an old movie come to mind and the saying "it was the…
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WOW! $1000 per oz. Where to from here? I still remember when the DOW first breached its 1000 mark. It was 10 years before it…
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Despite some volatile daily moves, on a chart this past week it looked like a sideways trend, even possibly a topping action. Let's see. GOLD…
You can't argue with success. The thrust by gold to get to that magic $1000 number looks within the grasp. Who knows? Another week or…
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The price of gold continues into new highs BUT the strength of such recent move keeps getting weaker. Either the strength needs to improve soon…
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Is gold taking a rest and moving sideways or is it preparing for a significant move lower, or higher. Where's that coin? Time for the…
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