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 and Ratings Click to open larger image in new window.
Gold just keeps moving one day up and another day down, but in the end, mostly down. Is there an end? GOLD LONG TERM It's…
Wednesday was a decisive downside break below a 7 month up trend line. Is this the start of a new BEAR or is it just…
Weekly Technical Information and Ratings Click to open larger image in new window.
It looked like gold just fell off the cliff on Thursday. On the two previous occasions that gold took such a fall we had a…
Weekly Technical Information and Ratings Click to open larger image in new window.
Gold just can't seem to make up its mind where it wants to go. I'll tell it - GO HIGHER - but will it listen?…
Weekly Technical Information and Ratings Click to open larger image in new window.
Time to start wondering if this is the start of a new bear or just a normal correction after a several week advance. There are…
Weekly Technical Information and Ratings Click to open larger image in new window.
Lots of speculation about the next great gold boom - or not? My Composite Index of Precious Metals Indices shows a serious double top. Let's…
Weekly Technical Information and Ratings Click to open larger image in new window.
A couple of ups and downs during the week but mostly ups. Are we heading for new highs ahead? GOLD LONG TERM After a bit…
Weekly Technical Information and Ratings Click to open larger image in new window.
Other than Monday, the week's daily gold trading activity closed either lower on the day or at the low of its daily trading range. Not…
Weekly Technical Information and Ratings Click to open larger image in new window.
Friday's sharp reversal almost wiped out the gains from the previous 4 days. Is this a new reversal or just nervous nellies selling prior to…
Weekly Technical Information and Ratings Click to open larger image in new window.
Gold went down. Gold went up. In the end gold went nowhere during the week. If this keeps up one can just go to sleep…
Weekly Technical Information and Ratings Click to open larger image in new window.