Saturday, January 09, 2010

Commodity Summary

Gold Futures Weekly Chart

Gold: Daily chart has given me a buy signal. With high probability, I can say that the correction is over. Can it go to 1300 and beyond?

WTI Crude Oil Futures Weekly Chart

Crude oil: Still heading to the direction of 90.00. A spike to 100 is possible.

The summary for the rest:
Commodity Monthly Weekly Daily
Gold Up Up (+) Up (+)
Crude Oil Up Up Up
Crude Palm Oil Up Up Neutral (-)
Rough Rice Up Neutral Neutral


Ivan said...

Hi bro,

happy new year!
seem gold is good, y dont u buy gold shares?

or invest in gold investment under pbank, and maybank account?


swifz said...

Silver is going to do better. Since nobody is paying attention to silver, you should.