The Oslo FoB prices have been moving sideways during the last week of trading.
Category Archives: Technical Analysis
The Miami FoB prices broke below the green horizontal support line. Prices are now on top of a red price moving average.
The Oslo FoB price continues to move sideways to down. There is a black diagonal upward sloping support line and a horizontal price support line at 96.03, very close to the Oslo FoB current price.
The Miami FoB market price continues to come down modestly. Prices are currently at a green horizontal support line and at a price moving average that should provide support for prices.
The Oslo LFEX index prices continue sideways in a consolidation. The first thing that jumps out at me is prices have broken below the brown upward sloping trend line, a solid green horizontal support line and a black price moving average line.
The Miami FoB market prices have had a mild pull back in prices since the last update.
The Oslo FoB market prices have had a mild rally since the last update.
Miami Fob prices have had a mild pull back during the last week.
The Oslo FoB market prices have had a mild rally during the last week.
The Miami FoB prices have broken the gold trend line signaling a weakening in the uptrend.