Gold went up when nearly everything else went down, leaving a positive impression on technical analysts at Barclays Capital.
Equities in Shanghai are falling below technical support levels, weighing on sentiment for commodities.
The TechWizard anticipates more weakness for Energy Resources of Australia shares.
The TechWizard’s technical analysis of Westpac shares has confirmed his view a pull back for share markets is due.
The TechWizard believes the intermediate top for the Australian share market is now behind us.
The TechWizard reports he cannot get excited about Westfield’s prospects.
Barclays Capital’s technical analysts provide short and long term views on copper.
Technical signals continue to point towards more gains for base metals, report technical analysts at Barclays Capital.
This week’s price action has reignited crude oil’s upward path, report technical analysts at Barclays Capital.
A revaluation of China’s currency could lend support to gold but both Barclays Capital and Standard Bank see the metal at risk of a short-term correction.