Home » Archive by category "Daily Gold Price" (Page 5)

Gold Prices – 27th March 2009 Daily Candle Chart

Spot gold prices finished marginally lower yesterday on the daily candle chart, losing a mere 78 cents in a day dominated by indecision as markets participants didn’t want to commit too much capital and instead preferred to stay on the sidelines, scrutinising Washington for the...

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Spot Gold Prices – Daily Chart 26th March 2009

Spot gold prices moved higher yesterday on a weaker US dollar and uncertainty in the currency markets following comments from Treasury Secretary Timothy Geithner saying that the US would be open to an expansion of the International Monetary Fund’s Special Drawing Rights program. Further support...

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Spot Gold Prices – Daily Chart 24th March 2009

Spot gold prices continued to be hurt by profit taking as risk aversion waned following the Treasury Department’s unveiling of a program that may generate $1 trillion in financing, with the Dow Jones Industrial Average soaring nearly 500 points on the news. Plans to buy...

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Spot Gold Price Today – 23rd March 2009

Spot gold prices finished slightly lower on Friday on weekend profit taking, with the market catching its breath after a sharp increase following the conclusion of the FOMC meeting last week. As I mentioned in the report last week, traders square positions ahead of the...

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Gold Price Today – 18th March 2009

Spot gold prices finished lower yesterday, with the daily candle closing below all three moving averages, providing yet more evidence of the short term bearish momentum currently being experienced in the metals sector. Whilst the decline in prices has not been dramatic, it does show...

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Current Gold Price – 17th March 2009

A day of indecision yesterday on the gold chart, with a small doji candle on the day, finishing the session amidst all three moving averages, and with no clear direction either one way or the other, losing $4.10 overall and finally settling at $923.10/oz with...

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Spot Gold Price Falls – 11th March 2009

Following the bearish engulfing candle of Monday in the daily chart, this was confirmed with yesterday’s price action with a wide spread down bar for the price of gold, which ended the day well below the 40 day moving average, and more importantly penetrating the...

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Current Gold Price – 10th March 2009

Following our look at the weekly chart on Monday, today we are back with the daily candles, with yesterday’s price action producing a wide spread down bar, with a small bottom shadow, which penetrated both the 9 day and 14 day moving averages. In addition...

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