The Wild Card Daily Updates Archive
The Wild Card Daily Updates - Jan 13, 2008
Gold
This commodity has been on a sharp rise over the last week and this bullish trend is likely to stick around in the near future. All charts are still giving a strong bullish signal, however there may be short term corrections during this uptrend. Therefore Forex traders can maximize profits by buying on a dip and taking advantage of a sharp bullish trend.
The Wild Card Daily Updates - Jan 10, 2008
Gold
Gold has been making an unbelievably strong bullish move to record highs, and shows no indication of a stop. It has been correcting a bit locally but the general direction is quite clearly up. This could be a great opportunity for Forex traders to join a very distinct bullish trend with great profit potential.
The Wild Card Daily Updates - Jan 9, 2008
Gold
A tight bullish channel is establishing on the 4 Hour chart supported by the Slow Stochastic, RSI and Momentum which all have a positive slope. The top barrier is located at 863.61 and in case of a breakout next target price is located at 868.18. Forex traders should wait for the break in order to catch the profit potential from the momentum which will be created from the breach.
The Wild Card Daily Updates - Jan 6, 2008
Gold
The bullish momentum is accumulating power, and there is a steady tight upward channel appearing on the 4 H chart. This commodity may correct slightly before continuing its steady progression. So forex traders could maximize their profits by waiting for a dip and then placing a buy position for a solid longer term trade.
The Wild Card Daily Updates - Jan 3, 2008
Silver
Since last week there is an extremely accurate upwards channel forming on the 4 Hour chart. Silver has made a significant move and is displaying a healthy consistent move up with plenty of room to run. The next significant resistance level is around 14.97 which provides forex traders with a great opportunity to jump into this massive uptrend with large momentum still steaming.