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Crude Oil Falls on Bearish Inventory Data, Gold Seesaws Lower
Crude oil took its cues from the DOE inventory report in Wednesday's session, but volatility remains extremely low. Gold is exhibiting an interesting correlation. candlestick stock chart 30 Jul 2010
Your Source for Daily FOREX Market News and Analysis
The US Dollar continues to tread water, with prices confined to a well-defined range for close to two weeks even as stock exchanges push toward critical lows and benchmark commodity prices position to follow suit. candlestick stock chart 30 Jul 2010
Technically Precious with Merv
Friday may have killed any hope of a good rally. Gold is looking weak and the price trend has been weakening for quite some time. Are we at the top? Much has been written over the past few weeks about the fact that gold has made it into new high territory, even I have made some of those comments. candlestick stock chart 30 Jul 2010
Shanghai Ready For It's Bear Market Birthday
China is 2-3 weeks away from being ONE FULL YEAR into it's most recent bear market leg. candlestick stock chart 30 Jul 2010