Precious Metals Trading Charts for Gold Silver and Oil

Thursday Night Trading Charts
I have put together a short update just so you can see were we stand for gold, silver and oil at these current price levels.

Trading Report & Charts: http://www.thegoldandoilguy.com/PreciousMetalsTradingNewsletterApril23.php

Just to let you know the e-book which Jerry Grenough & I put together on New World Order Economics, What You Can Do To Protect Yourself – Crisis Investing For 2009 is now available in hard copy.

Hard Copy Book: http://www.thegoldandoilguy.com/eBook-CrisisInvestingFor2009.php

ENERGIES: June crude oil closed up $0.58 at $49.43 a
barrel today. Prices closed near mid-range today. Crude oil
bears still have the near-term technical advantage. The
next downside price objective for the crude oil bears is to
produce a close below solid technical support at $44.00.

PRESCIOUS METALS: June gold futures closed up $14.50 at $907.00
today. Prices closed nearer the session high again today on
short covering and fresh speculative buying and amid a
weaker U.S. dollar. Prices did hit a fresh three-week high
today as bulls and bears are back on a level near-term
technical playing field. Prices are still in a two-month-
old downtrend on the daily bar chart, however.

May silver futures closed up 49.0 cents at $12.795 an ounce
today. Prices closed near the session high today on short
covering and fresh speculative buying. Bulls gained some
fresh upside near-term technical momentum today as bulls
and bears are back on a level near-term technical playing
field.

Chris Vermeulen
www.TheGoldAndOilGuy.com