Spot Gold Price Today – 5th February 2009

Spot gold prices closed higher yesterday despite a stronger US dollar holding above the psychological $900 per ounce. Supported by early strength in the equities markets spot gold managed to attract additional bargain hunters who kept the price higher even as the stock markets retracted....

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Spot Gold Prices Today – 4th February 2009

Following the bearish engulfing signal we saw on Monday, yesterday saw gold prices trade in a narrow range and finally close with a doji candle with a small down body, which has not confirmed the bearish signal for the time being. Whilst the wick of...

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Gold Rates – February 3rd 2009

We saw a sharp fall in spot gold prices yesterday as the profit taking continued, and the daily candle has provided a warning signal for us in the short term, with a bearish engulfing pattern created, which could be the first sign of a reversal...

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Gold Spot Price – 21st January 2009

Initially moving lower the gold spot price finished the day on a high note gaining over 20 dollars in a range of $43.13. So it was no surprise that the spot gold prices broke above all three moving averages in an ‘Outside Day’ pattern which...

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