Commodity Blog

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


Video: Weekly Gold Forecast

August 7, 2010 at 10:14 by Andriy Moraru

Judging from the chart’s structure and Japanese candlestick patterns, the author of this commodity forecast video offers his vision of the future of gold trading. The bottom formed last week was a pivotal point on the daily chart. It’s a lower low that’s usually followed by lower high. Traders may expect a top to form somewhere between $1,215.00 and $1,235.00, before the gold will be able to decline farther.

Video by Gary S. Wagner of Wagner Financial Group.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please, leave your response using the form below.

Leave a Reply