Tuesday, March 12, 2013

Commodities ready to make their move?

Commodities may be bottoming

Gold daily

near support
in down trend still but at bottom of channel and horizontal support close by 1550

Gold weekly

Copper daily

testing lower boundary of triangle (see weekly chart)
rebound to 377? 7%

Copper weekly

Silver daily

closer to support
at bottom of down channel
positive divergence RSI price


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