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Gold Analysis 6 June 2012

Not a great day for gold bulls as the gold price ran into the strong area of resistance in the $1640 price region.  However, a great day for intraday gold traders who managed to capitalise on this failure to penetrate this area in the last...

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Gold Trading Analysis 5 June 2012

Following the strong rally for spot gold last Friday the precious metal traded in a narrow range yesterday, consolidating the gains which saw it move from a low of $1544 per ounce to close ahead of the weekend at $1622.78 per ounce.  Friday’s high of...

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Gold Analysis 4 June 2012

Following last Friday’s strong performance by gold which saw the precious metal almost reach $1630 per ounce on the day it’s been no surprise to see the commodity fall back in early trading on the physical exchange with the price of gold twice basing in...

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Gold Futures Analysis 1 June 2012

A hugely positive day for gold bulls today as the precious metal  found some very strong momentum breaking through its recent sideways congestion.   The strong platform of support in the $1520 per ounce price area provided the springboard and with the price of gold...

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Gold Analysis 30 May 2012

Today has been a great day for gold bulls with the price of gold rising almost $20 dollars at time of writing.   For online gold trading this move is best seen in our Hawkeye tick charts which are colour coded according to the internal...

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Gold Update

All my gold analysis is now on my personal blog :  post of 3rd May pre-empted huge fall in spot gold prices.  Next stop for gold price could be as low as $1400 to $1412 per ounce which is where 100 day moving average.  On...

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Gold Trading Analysis 21 Feb 2011

Since our last look at the spot gold price on 26th January when many so “experts” were predicting an imminent price collapse the metal appears to have regained its mojo and is trading at time of writing at $1402 per ounce and will soon be...

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Spot Gold 26 Jan 2010

Following last year’s impressive 30% rise spot gold has had its worst start in 14 years falling over 6% and tumbling to a low of $1322.62 per ounce in yesterday’s gold trading session.  A number of technical and fundamental reasons have been posited for such...

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Gold Trading Analysis 18 Jan 2011

The spot gold price firmed up early today on the back of a weaker US dollar and inflation fears but has since softened with a mild return to strength for the US dollar taking the spot rate to $1367 per ounce at time of writing....

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Spot Gold 29 Nov 2010

Spot gold prices continued to consolidate during much of last week with Friday’s gold trading session ending on a mildly negative tone as traders closed positions ahead of the weekend.  However, despite ongoing worries this has failed to convert into a more positive tone for...

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Spot Gold Weekly Chart 22 Nov 2010

The weekly chart gold chart once again confirms the bullish picture for gold and despite many analysts and commentators suggesting that the present bullish trend is over, from a technical perspective this is clearly not the case as evidenced by the weekly chart.  Whilst gold...

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