By Craig Basinger – Courtesy of the Crow’s Nest Report Goodbye support line which had held since the market bottomed in March, see you later 50-day moving average, here comes the 100-day moving average. Where will the market find support? Well today’s economic data did nothing to help the markets. While the durable goods orders [...]
Articles Tagged "downside"
Tin Investing News reports tin prices have been rallying for the past few months in its highs and lows. An estimated 11.2 per cent fall in Indonesian tin exports in July to 8,778 tonnes, helped support the market, though exports for the first seven months of the year from the world’s second biggest producer of the [...]
Gold Investing News reports gold prices may decline in the next couple of weeks and start climbing up again in the future. Although gold is facing some headwinds, the overall financial environment remains bullish for gold.” In their recently published Metals Matters, ScotiaMocatta has noted that IMF gold sales are now all but inevitable, as [...]