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Merv Burak

Merv Burak

Contributor since: 26 Feb 2010

Biography

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.

  • Technically Precious with Merv

    Published 11 February 2008 | viewed 2,928 times

    Up and down but in the end gold seems to be having trouble moving. Does it have anything to do with the recent strengthening in…

  • Merv's Non-Edibles Futures Page

    Published 04 February 2008 | viewed 2,035 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 04 February 2008 | viewed 2,933 times

    A generally okay week BUT with a weak momentum and a collapse on Friday. Let's see if it is of any REAL significance. GOLD LONG…

  • Merv's Non-Edibles Futures Page

    Published 27 January 2008 | viewed 1,874 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 27 January 2008 | viewed 2,508 times

    Despite a 3.4% gain on the week one gets the impression that gold is ready to go lower. That's not what most analysts are saying.…

  • Merv's Non-Edibles Futures Page

    Published 14 January 2008 | viewed 1,962 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 14 January 2008 | viewed 2,871 times

    Well, gold has now made it to a new all time intra-day high. Again, so what? Momentum and volume activity are still lagging. Go with…

  • Technically Precious with Merv

    Published 06 January 2008 | viewed 2,705 times

    A good week. Was it a new all time high? And even if it was, so what? Some comments below. NEW ALL TIME GOLD HIGH…

  • Merv's Non-Edibles Futures Page

    Published 30 December 2007 | viewed 2,115 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 30 December 2007 | viewed 2,888 times

    Boy, you take a few days off and all hell breaks loose. Gold seems ready for new highs and the US $ for new lows.…

  • Merv's Non-Edibles Futures Page

    Published 16 December 2007 | viewed 2,028 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 16 December 2007 | viewed 2,788 times

    Gold ended the week just about where it started but the "feel" of the activity had a decided negative emphasis. Will this week set the…

  • Merv's Non-Edibles Futures Page

    Published 09 December 2007 | viewed 2,194 times

    Weekly Technical Information and Ratings   Enlarge Image  

  • Technically Precious with Merv

    Published 09 December 2007 | viewed 2,815 times

    Something tells me there is a big surprise ahead. How big, which way and when, well that's what makes life interesting. GOLD LONG TERM The…

  • Merv's Non-Edibles Futures Page

    Published 02 December 2007 | viewed 2,203 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 02 December 2007 | viewed 2,741 times

    Well, Friday was five in a row. We had two previous five in a row down days this year. One was followed by a reasonable…

  • Technically Precious with Merv

    Published 26 November 2007 | viewed 3,202 times

    It was a shortened week but still a good one. A bounce off the intermediate term moving average line places gold in a good position…

  • Merv's Non-Edibles Futures Page

    Published 18 November 2007 | viewed 2,386 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 18 November 2007 | viewed 2,960 times

    A double whammy and some minor moves and gold is down 5.6% on the week. Is this just the start or near the end --…

  • Merv's Non-Edibles Futures Page

    Published 12 November 2007 | viewed 2,131 times

    Weekly Technical Information and Ratings   Larger Image