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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

2 comments:

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?

thx

swifz said...

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