Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: How High Gold Price Can Go?

October 14, 2009 at 9:28 by Andriy Moraru

This commodity trading video investigates the possibilities for the gold to go farther up from the technical analysis point of view. Tony Cherniawski combines wave and support/resistance analysis of the medium-term gold price chart to give you the idea of how far-going the recent breakout may be. If you are long on gold I recommend this video to find the best targets. If you are going to be shorting gold I’d recommend watching this video to find the nice entry points, where the gold price is likely to meet its next resistance.

Video from Tony Cherniawski, Manager of The Practical Investor.

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