http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-21.htmlComex Gold (GC) Gold's uptrend continued last week and made another record high of 1153.4 then turned sideway. Initial bias remains neutral this week and some more consolidations cannot be ruled out. But still, short term outlook will remain bullish as long as 1125.8 support holds and further rise is in favor. Above 1153.4 will target 161.8% projection of 985.5 to 1072 from 1026.9 at 1166.9 next. Nevertheless, considering bearish divergence conditions in 4 hours MACD and RSI. Break of 1153.4Sat, 21 Nov 2009 08:19:32 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-19.htmlComex Gold (GC) With 4 hours MACD crossed below signal line, an intraday top is in place at 1153.4. Some consolidations could be seen in gold but downside is expected to be contained by 1125.8 support and bring rally resumption. Above 1153.4 will target 161.8% projection of 985.5 to 1072 from 1026.9 at 1166.9 next. However, break of 1125.8 will indicate that a short term top is in place with bearish divergence conditions in 4 hours MACD and RSI. Deeper decline should be seen to 1026.9/1072Thu, 19 Nov 2009 11:23:41 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-18.htmlComex Gold (GC) Gold's rally is still in progress and reaches as high as 1148.4 so far. At this point, intraday bias remains on the upside and further rally should be seen to 161.8% projection of 985.5 to 1072 from 1026.9 at 1166.9 next. On the downside, below 1127.8 minor support will turn intraday bias neutral and bring retreat first. In the bigger picture, the long term up trend in Gold is still in progress. Rise from 681 would likely develop into another set of five wave sequence withWed, 18 Nov 2009 10:42:17 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-18.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-17.htmlComex Silver (SI) Silver rises to as high as 18.45 before retreating mildly and the break of 18.175 resistance indicates that whole rally from 12.435 has resumed. At this point, intraday bias remains on the upside as long as 17.93 minor support holds. Further rally should be seen towards 19.55/21.44 resistance zone next. On the downside, below 17.93 will bring consolidations but downside should be contained above 17.025 support and bring rally resumption. In the bigger picture, whole mediumTue, 17 Nov 2009 11:51:02 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-16.htmlComex Gold (GC) Gold makes another record high of 1133.5 today and remains firm so far. At this point, short term outlook will remain bullish as long as 1101.2 support holds. Sustained trading above mentioned 61.8% projection of 681 to 1007.7 from 931.3 at 1133.2 will set the stage for 100% projection at 1258 next. However, since 1133.2 is already met, break of 1101.2 will indicate that a short term top is at least formed and bring pull back towards 55 days EMA (now at 1042.5) instead. In theMon, 16 Nov 2009 13:12:10 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-16.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-14.htmlNymex Crude Oil (CL) After some initial choppy sideway consolidation, Crude oil's fall resumed last week and dipped to as low as 75.57, just inch above 38.2% retracement of 65.05 to 82 at 75.53. Initial bias will remain on the downside this week and further fall should be seen to 61.8% retracement at 71.52. On the upside, while some recovery might be seen, short term outlook will remain bearish as long as 80.51 resistance holds. In the bigger picture, we'd continue to slightly favor theSat, 14 Nov 2009 08:31:38 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-13.htmlComex Gold (GC) Current development argues that a short term top is at least formed at 1123.4, with mild bearish divergence condition in 4 hours MACD, after Gold hits upper channel resistance. Intraday bias is now mildly on the downside for 4 hours 55 EMA (now at 1095.4 first. Sustained trading below will target a test on the lower channel support (now at 1053.2). On the upside, however, above 1123.4 again will indicate that recent rally is still in progress for 61.8% projection of 681 toFri, 13 Nov 2009 12:04:53 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-11.htmlComex Gold (GC) Gold's break of 1111.7 indicates that recent rise has resumed. At this point, intraday bias remains on the upside as long as 1097.2 minor support holds. As noted before, current rise from 931.3 is still in progress for next projection target of 61.8% projection of 681 to 1007.7 from 931.3 at 1133.2. On the downside, though, below 1097.2 will argue that a short term top is formed with bearish divergence conditions in 4 hours MACD. In such case, deeper decline should be seen toWed, 11 Nov 2009 11:06:46 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-10.htmlComex Silver (SI) With 4 hours MACD crossed below signal line, an intraday top is in place at 17.78. Bias id flipped to the downside and deeper fall could be seen to retest 16.12 support. On the upside, above 17.78 will argue that rise from 16.12 is still in progress for 18.175 high. In the bigger picture, the strong rebound after hitting 55 days EMA dampens the bearish case that silver has topped out at 18.175 with bearish divergence conditions in daily MACD and RSI. We'll stay neutral forTue, 10 Nov 2009 11:52:14 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-09.htmlComex Gold (GC) Gold's rally extends further and made another record high of 1109.9. At this point, short term outlook will remain bullish as long as 1084 support holds. Further rise should be seen to next fibonacci target of 61.8% projection of 681 to 1007.7 from 931.3 at 1133.2. On the downside, though, below 1084 indicate that a short term top is possibly in place and bring pull back to 4 hours 55 EMA (now at 1075.9) or below. In the bigger picture, the long term up trend in Gold is stillMon, 09 Nov 2009 12:26:33 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-07.htmlComex Gold (GC) Gold resumed the long term up trend last week and surged to as high as 1101.9 so far. While intraday upside momentum is diminishing a bit, further rise is still in favor as long as 1084 minor support holds, towards next fibonacci target of 61.8% projection of 681 to 1007.7 from 931.3 at 1133.2. On the downside, though, below 1084 will turn intraday bias neutral and bring pull back, possibly to 4 hours 55 EMA (now at 1071.4) before staying another rise. In the bigger picture,Sat, 07 Nov 2009 07:05:02 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-05.htmlNymex Crude Oil (CL) Crude oil's break of 80.46 minor resistance argues that consolidation from 82.00 might have completed at 76.55 already. Intraday bias will now stay on the upside for a retest of 82.00 first. Break will bring medium term rise resumption towards 50% retracement of 147.27 to 33.2 at 90.24. On the downside, though, below 76.55 will revive the case that rise from 65.05 has completed and will flip intraday bias back to the downside for deeper fall to 61.8% retracement of 65.05Thu, 05 Nov 2009 11:36:14 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-04.htmlComex Gold (GC) Gold's long term rally resumed by breaking 1072 strongly and reaches new record high of 1096.2. At this point, intraday bias remains on the upside and further rally should be seen to 1100 psychological level first. Break will target 1133.2 medium term projection level next. On the downside, below 1080.5 minor support will turn intraday bias neutral and bring consolidation first. In the bigger picture, the long term up trend in Gold still in progress. Rise from 681 would likelyWed, 04 Nov 2009 11:47:47 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-03.htmlComex Gold (GC) Despite climbing to as high as 1066.9, upside in Gold is still limited below 1072 high and some more sideway consolidations could still be seen. Another fall to 1026.9 cannot be ruled out but after all, short term outlook will remain bullish as long as 38.2% retracement of 931.3 to 1072 at 1018.3 holds. Break of 1072 high will bring rally resumption to 1100 psychological level next. On the downside, however, decisive break of 1018.3 will indicate that recent rise has completedTue, 03 Nov 2009 11:41:20 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-02.htmlComex Silver (SI) Silver's consolidation from 16.12 extends further and intraday bias is neutral for the moment. Another rise could be seen to 4 hours 55 EMA (now at 16.90) but after all, break of 17.21 resistance is needed to indicate that fall from 18.175 has completed. Otherwise short term outlook will remain bearish. Below 16.12 will target 61.8% retracement of 12.435 to 18.175 at 14.62 next In the bigger picture, rise from 12.435 should have completed at 18.175 with bearish divergenceMon, 02 Nov 2009 12:48:36 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-11-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-31.htmlNymex Crude Oil (CL) Crude oil's correction from 82.00 continued last week. Despite intra-week strong recovery, crude oil was limited below 82.00 high and weakened to new weekly low on Friday, indicating that such consolidation is still in progress. Initial bias is on the downside this week and further fall should be seen to 38.2% retracement of 65.05 to 82 at 75.53 first. Break will target 61.8% retracement at 71.52. On the upside, break of 80.46 minor resistance is needed to indicate thatSat, 31 Oct 2009 16:27:11 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-30.htmlComex Gold (GC) Gold's break of 1045.8 minor resistance suggests that an intraday low is in place at 1026.9. Intraday bias is flipped back to the upside and further rise could be seen to retest 1072 first. With mentioned 38.2% retracement of 931.3 to 1072 at 1018.3 intact, we'll holding on to the bullish view that recent rally is gold is still in progress and break of 1072 will target 1100 psychological level first. However, note that strong break of 1018.3 fibo level will dampen this bullishFri, 30 Oct 2009 10:37:57 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-29.htmlComex Silver (SI) Intraday bias in Silver remains on the downside for the moment with 16.77 minor resistance intact. As noted before, whole rise from 12.435 might have completed at 18.175 already. Further decline should be seen to 38.2% retracement of 12.435 to 18.175 at 15.98 first. Break will target 61.8% retracement at 14.62 next. On the upside, above 16.77 minor resistance will turn intraday bias neutral first and bring consolidation. However, above 18.175 is needed to indicate resumptionThu, 29 Oct 2009 11:13:13 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-28.htmlComex Silver (SI) Silver' fall from 18.175 extends further to as low as 16.40 so far the the strong break of 16.785 support indicates that whole rise from 12.435 has already completed. Intraday bias is now on the downside and further fall should be seen to 38.2% retracement of 12.435 to 18.175 at 15.98 first. Break will target 61.8% retracement at 14.62 next. On the upside, above 16.77 minor resistance will turn intraday bias neutral first and bring consolidation. However, above 18.175 isWed, 28 Oct 2009 11:39:15 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-27.htmlNymex Crude Oil (CL) Intraday bias in crude oil remains neutral for the moment as sideway trading continues. Nevertheless, as long as 77.61 minor support holds, consolidation should be relatively brief and a break of 82, will bring rally resumption towards 50% retracement of 147.27 to 33.2 at 90.24. However, note that a break of 77.61 will indicate that a short term top is at least formed with bearish divergence conditions in 4 hours MACD and RSI. In such case, deeper decline should then beTue, 27 Oct 2009 11:11:56 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-24.htmlNymex Crude Oil (CL) Crude oil's rally extended further to as high as 82.0 last week and met mentioned target of 100% projection of 58.32 to 75 from 65.05 at 81.72. With 4 hours MACD staying below signal line, an intraday top should be in place and some sideway should be seen. Nevertheless, as long as 77.61 minor support holds, consolidation should be relatively brief and a break of 82, will bring rally resumption towards 50% retracement of 147.27 to 33.2 at 90.24. However, note that a breakSat, 24 Oct 2009 06:24:31 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-24.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-23.htmlComex Gold (GC) Intraday bias in Gold remains neutral for the moment as triangle consolidation from 1072 continues. Another fall cannot be ruled out but after all, we'd expect downside to be contained above 38.2% retracement of 931.3 to 1072 at 1018.3 and bring rally resumption. Above 1072 will indicate that recent rally has resumed and should target 1100 psychological resistance next. In the bigger picture, the strong break of 1033.9 high confirms that long term up trend in Gold has resumed.Fri, 23 Oct 2009 10:31:15 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-23.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-22.htmlNymex Crude Oil (CL) Crude oil's rally resumed after brief consolidation and reached as high as 82.00 so far, meeting mentioned target of 100% projection of 58.32 to 75 from 65.05 at 81.72. At this point, intraday bias remains on the upside as long as 77.61 minor support holds. Sustained trading above 81.72 will pave the way to next medium term fibonacci level at 50% retracement of 147.27 to 33.2 at 90.24, which is close to 90 psychological level. On the downside, though, below 77.61 willThu, 22 Oct 2009 10:53:14 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-22.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-21.htmlNymex Crude Oil (CL) With 4 hours MACD crossed below signal line, an intraday top should be in place at 80.05 after touching upper channel resistance. Some pull back could be seen, possibly to 4 hours 55 EMA (now at 76.17). Nevertheless, downside should be contained by 38.2% retracement of 65.06 to 80.05 at 74.32 and bring rally resumption. Above 80.05 will target 100% projection of 58.32 to 75 from 65.05 at 81.72 next. In the bigger picture, the strong break of 75.0 resistance confirms thatWed, 21 Oct 2009 10:35:07 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-19.htmlComex Silver (SI) Silver's consolidation from 18.175 is still in progress and some more consolidation could still be seen. Nevertheless, short term outlook will remain bullish as long as 16.785 resistance turned support holds. Above 18.175 will bring rally resumption to 61.8% projection of 13.495 to 17.69 from 15.76 at 18.35 first and break will target 100% projection at 19.95 next. However, strong break of 16.785 will be the first signal that rise from 12.435 has completed, possibly withMon, 19 Oct 2009 11:23:32 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-17.htmlNymex Crude Oil (CL) Crude oil rose sharply to as high as 78.75 last week and closed strongly. The break of 75.0 resistance confirms that medium term rally has resumed. Initial bias remains on the upside this week and further rise should be seen to 100% projection of 58.32 to 75 from 65.05 at 81.72 next. On the downside, below 76.80 minor support will turn intraday bias neutral and bring retreat, probably to 4 hours 55 EMA (now at 73.98). But downside should be contained by 71.39 resistanceSat, 17 Oct 2009 06:01:00 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-16.htmlNymex Crude Oil (CL) Crude oil's rally extends further to as high as 78.17 before retreating mildly. At this point, intraday bias remains on the upside and further rise should be seen to next target of 100% projection of 58.32 to 75 from 65.05 at 81.72 next. On the downside, below 74.57 will turn intraday outlook neutral first. But downside should be contained by 71.55 support and bring rally resumption. In the bigger picture, medium term rise from 33.2 is still in progress and could extendFri, 16 Oct 2009 10:36:46 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-16.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-15.htmlNymex Crude Oil (CL) Crude oil's rally extends to as high as 75.96 so far and intraday bias remains on the upside for the moment. Current rise is still expected to continue to 38.2% of 147.27 to 33.2 at 76.77 and break will target 80 psychological level next. On the downside, below 74.64 will turn intraday outlook neutral and bring retreat but downside should be contained by 70.74 support and bring rally resumption. In the bigger picture, medium term rise from 33.2 is still in progress andThu, 15 Oct 2009 10:49:10 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-13.htmlComex Gold (GC) Gold's rally resumes after brief consolidation and makes another record high today. At this point, intraday bias remains on the upside and further rise should be seen to 100% projection of 931.3 to 1025.8 from 952.5 at 1080 next. on the downside, below 1043.4 will turn intraday outlook neutral again. But pull back should be contained above 1011 resistance turned support and bring rally resumption. In the bigger picture, the strong break of 1033.9 high confirms that long term upTue, 13 Oct 2009 10:34:58 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-12.htmlNymex Crude Oil (CL) Crude oil's rally extends further today and the break of 73.16 resistance indicates that fall from 75.0 has completed at 65.05 already. The corrective three wave structure in turn argue that crude oil's medium term rally is not completed at. Intraday bias is on the upside for retesting 75.0 first. Break will target 38.2% of 147.27 to 33.2 at 76.77 next. on the downside, below 72.18 minor support will turn intraday outlook neutral and bring consolidation first. In theMon, 12 Oct 2009 13:21:44 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-10.htmlComex Gold (GC) Gold broke prior high of 1033.9 last week and made new record high of 1062.7 before retreating mildly. With 4 hours MACD staying below signal line, initial bias is neutral and some retreat might be seen first. Nevertheless, downside is expected to be contained well above 1011.0 resistance turned support and bring rally resumption. Above 1062.7 will target 100% projection of 931.3 to 1025.8 from 952.5 at 1080 next. In the bigger picture, the strong break of 1033.9 high confirmsSat, 10 Oct 2009 15:10:43 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-09.htmlNymex Crude Oil (CL) Crude oil edged higher to 72.55 but upside momentum remains unconvincing. Nevertheless, another rise is still mildly in favor with 68.16 support intact. Break of 73.16 will indicate that fall from 75.0 has completed at 65.05 already. The corrective structure will in turn indicate that medium term rally is still in progress for another high above 75.0 before completion. On the downside, below 68.16 will suggest that rebound from 65.05 has completed and will flip intradayFri, 09 Oct 2009 10:38:26 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-08.htmlComex Gold (GC) Gold rally extends further to as high as 1059.6 today and remains firm. Further rise is still expected, targeting 100% projection of 931.3 to 1025.8 from 952.5 at 1080 next. On the downside, below 1039.8 minor support will turn intraday outlook neutral and bring consolidations. But a break of 985.5 support is needed to indicate that Gold has topped, otherwise, further rally is still expected in case of retreat. In the bigger picture, the strong break of 1033.9 high confirmsThu, 08 Oct 2009 10:20:36 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-07.htmlComex Gold (GC) Gold's rally is still in progress and remains firm after making new record high of 1049.7. At this point, intraday bias remains on the upside and further rise could be seen towards 100% projection of 931.3 to 1025.8 from 952.5 at 1080 next. On the downside, below 1037.5 minor support will turn intraday outlook neutral and bring consolidations first. But a break of 985.5 support is needed to indicate that Gold has topped, otherwise, further rally is still expected in case ofWed, 07 Oct 2009 10:16:34 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-05.htmlComex Silver (SI) Intraday bias in Silver remains mildly on the downside for the moment. Break of 15.76 will indicate that fall from 17.69 has resumed. As noted before, a short term top is at formed at 17.69 on bearish divergence condition in 4 hours MACD and RSI. Deeper decline could be seen to to 1.5185 support and possibly below. On the upside, however, above 16.785 will indicate that pull back from 17.69 has likely completed and retest of this high should be seen. In the bigger picture,Mon, 05 Oct 2009 11:18:41 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-03.htmlNymex Crude Oil (CL) Crude oil's rebound from 65.05 extended further to as high as 69.93 last week and the strength of the rebound mixed up the near term outlook. With 4 hours MACD crossed below signal line, initial bias is neutral this week. On the downside, below 68.10 will suggest that rebound from 65.05 has completed and will flip intraday bias back to the downside. Break of 65.05 will affirm the original bearish view that crude oil has topped out at 75.0 already and will bring fallSat, 03 Oct 2009 16:40:20 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-02.htmlComex Gold (GC) With 4 hours MACD crossed below signal line, Gold's recovery from 985.5 might have completed at 1011.1 already. Intraday bias is flipped back to the downside for 985.5 first. Break will target 61.8% retracement of 931.3 to 1025.8 at 967.4 next. On the upside, above 1011.1 will suggest that rise from 985.5 is still in progress for a retest on 1025.8/1033.9 resistance zone. Nevertheless, note that note that 1033.9 is needed to be firmly taken out to confirm upside momentum.Fri, 02 Oct 2009 09:59:20 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-01.htmlNymex Crude Oil (CL) Crude oil's strong rebound from 65.05 is still in progress and breaches 70 level. The impulsive look of the rebound dampens our bearish view and in turn argue that fall from 75.0 might be completed with three waves down already. We'll stay neutral for the moment. On the downside, below 68.10 minor support will indicate that rebound from 65.05 has completed and will revive the case that fall from 75.0 is still in progress. Retest of 65.05 should be seen first. On theThu, 01 Oct 2009 11:09:25 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-10-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-09-30.htmlComex Gold (GC) Gold's recovery from 985.5 extends further and break of 1001 minor resistance argues that fall from 1025.8 has completed already. Intraday bias is flipped back to the upside for a retest of this high first. Nevertheless, note that note that 1033.9 is needed to be firmly taken out to confirm upside momentum. Otherwise, we'd expected more sideway trading below 1033.9 in near term. In the bigger picture, rise from 681 is tentatively treated as resumption of long term up trend.Wed, 30 Sep 2009 11:02:09 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-09-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-09-29.htmlComex Silver (SI) With 4 hours MACD crossed above signal line, an intraday low is in place in Silver at 15.76 and some consolidation could now be seen. Nevertheless, risk remains on the downside as long as 17.345 resistance holds. As discussed before, whole rise from 12.435 might have completed at 17.69 already. Below 15.76 will bring fall resumption to 15.185 resistance turned support next. However, break of 17.345 will indicate that recent rally is indeed still in progress for another highTue, 29 Sep 2009 11:01:14 GMThttp://www.fxstreet.com/technical/analysis-reports/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/technical/analysis-reports/crude-oil-daily-technical-outlook/2009-09-29.html