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Oil and Gas review and analysis – May 10, 2012

Oil and Gas review and analysis – May 10, 2012

MCX CRUDE (21 May 12) – Crude opened unchanged at 5175 level. It moved lower to touch an intra-day low of 54272. However, it managed to bounce back and move higher. It touched an intraday high of 55290. It ended the day with moderate gains to close at 5213. The…

Gold and Silver review and analysis – May 10, 2012

Gold and Silver review and analysis – May 10, 2012

MCX GOLD (5 JUNE 12) – Gold opened lower at 28606. It moved lower to touch an intra-day low of 28453. However, it managed to bounce back and move higher. It touched an intra-day high of 28728. It ended the day with marginal gains to close at 28678. The RSI…

Oil and Gas review and analysis – March 15, 2012

Oil and Gas review and analysis – March 15, 2012

Crude opened lower at 5337 level. It moved higher to touch an intra-day high of 5359. However, it failed to sustain higher. It moved lower to touch an intra day low of 5306. It ended the day unchanged to close at 5341. The RSI and the Stochastic are placed below…

Gold and Silver review and analysis – March 15, 2012

Gold and Silver review and analysis – March 15, 2012

Gold opened lower at 27801. Incidentally, this was also the highest price recorded for the day. It moved lower to touch an intra day low of 27402. It ended the day with moderate losses to close at 27443. The Stochastic and the RSI are placed below their respective averages, which…

Oil and Gas review and analysis – March 12, 2012

Oil and Gas review and analysis – March 12, 2012

Crude opened higher at 53524 level. It moved higher to touch an intra-day high of 5355. However, it failed to sustain higher. It moved lower to touch an intra day low of 5345. It ended the day flat to close at 5348. The RSI has slipped below its average, which…

Gold and Silver review and analysis – March 12, 2012

Gold and Silver review and analysis – March 12, 2012

Gold opened higher at 28018. It moved higher to touch an intra-day high of 28020. However, it failed to sustain higher. It moved lower to touch an intra day low of 27974. It ended the day flat to close at 27982. The RSI is placed below its average, but is…

Oil and Gas review and analysis – March 09, 2012

Oil and Gas review and analysis – March 09, 2012

Crude opened higher at 5352 level. It moved lower to touch an intra-day low of 5328. However, it managed to move higher. It touched an intra day high of 5385. It ended the day with moderate gains to close at 5356. The RSI has moved above its average, which would…

Gold and Silver review and analysis – March 09, 2012

Gold and Silver review and analysis – March 09, 2012

Gold opened higher at 27891. It moved lower to touch an intra-day low of 27906. However, it managed to move higher. It touched an intra day high of 28028. It ended the day with modest gains to close at 27972. The RSI is placed below its average, but is on…

Oil and Gas review and analysis – February 24, 2012

Oil and Gas review and analysis – February 24, 2012

Crude opened lower at 5241 level. It moved lower to touch an intra-day low of 5227. However, it managed to move higher and touched an intra-day high of 5293. It ended the day with moderate gains to close at 5280. The RSI is placed above its average, which would lead…

Gold and Silver review and analysis – February 24 2012

Gold and Silver review and analysis – February 24 2012

Gold opened higher at 28750. It moved lower to touch an intra-day low of 28723. However, it managed to move higher and touched an intra-day high of 28944. It ended the day with moderate gains to close at 28913. The RSI and the Stochastic are placed above their respective averages…

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