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Letter "J" » James Moore Quotes
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«As we approach year-end, further profit taking can be expected with the thin condition creating plenty of volatility. Support is now pegged at $485/oz while moves back towards $500/oz are likely to be seen as good selling opportunities.»
Author: James Moore
«As we approach year-end, further profit taking can be expected with the thin condition creating plenty of volatility. Support is now pegged at 485/oz while moves back towards $500/oz are likely to be seen as good selling opportunities.»
Author: James Moore
«Platinum still looks a little shaky short-term and has the potential to dip to the 100-day moving average at $935/oz, while palladium could fall back to the $220/oz area.»
Author: James Moore
«Support remains pegged at $485/oz, while moves back towards $500/oz are likely to prompt further long liquidation.»
Author: James Moore
«Platinum should continue to find support ahead of $940/oz with the metals supply deficit and strong industrial demand continuing to provide strong support while palladium is currently finding support at $240/oz with strong chart support pegged at $220/oz.»
Author: James Moore
«Trading conditions are set to remain thin in the coming sessions which could give rise to a degree a price manipulation by certain sources, but overall gold should hold around $490/oz to $505/oz, with support below pegged at $485/oz and resistance above seen at $509/oz to $513/oz.»
Author: James Moore
«For now support should continue to be found at $513//oz and $505/oz while resistance above is expected between $520/oz and $525/oz.»
Author: James Moore
«The market may need to consolidate back towards $525 before pushing through $550 and setting a new high for the year.»
Author: James Moore
«Further resistance around $1 020/oz is expected in the coming sessions although a break higher would leave little in the way of chart resistance until $1 040/oz.»
Author: James Moore
«We have seen good demand from investors on TOCOM (the Tokyo market) overnight and strong demand from funds in the U.S. I think we are going to look now to move up to $1,040 an ounce.»
Author: James Moore
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