December gold futures closed the week higher once again ending the gold trading session and the week at $1772.70 per ounce and pushing towards the $1800 per ounce region again. Friday’s trading session was relatively muted following Thursday’s surge higher with gold propelled upwards following...
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Gold futures pause at $1700 per ounce level
The price of gold has paused for breath over the last few days following the sharp rise of last week, and with a holiday shortened week, the market has drifted sideways, as the December gold futures flirt with the $1700 per ounce level. Friday of...
December gold futures surge higher in Friday’s trading session
Gold futures surged higher on Friday with the December Comex contract ending the session and week at $1687.60, it’s highest level for over five months. Friday’s surge in the price of gold was largely triggered by weakness in the US dollar, which sold off during...
Spot Gold 9 Nov 2010
The bullish trend for spot gold shows no sign of abating with the spot gold price surging higher once again yesterday to close at $1405.50 per ounce, having achieved an intra day high of $1410.40. This bullish sentiment has spilled over in today’s gold trading...
Spot Gold Chart 4 Oct 2010
Spot gold prices continued higher once again on Friday ending the week on a positive tone and a wide spread up candle which touched an intra day high of $1319.75 per ounce on the daily chart, further extending the bullish rally. Thursday’s doji candle failed...
Gold Trading Chart & Analysis 29 Sep 2010
Spot gold finally broke and held above the key $1300 per ounce price handle ending yesterday’s gold trading session as a wide spread up candle with a small wick to the low of the body. Following the relative inactivity of the past few gold trading...
Spot Gold Analysis 23 Sep 2010
The spot gold price continued to extends its bullish trend once again yesterday ending the gold trading session as a narrow spread up candle with a small wick to the upper body which tested the $1296.05 price point but just failed to attack the $1300...
Spot Gold Price 15 Sep 2010
News that central banks are expected to be net buyers of gold bullion this year for the first time in 20 years following heavy selling during the past 10 years together with a weaker US dollar helped to push the spot price to fresh highs...
Spot Gold Price Analysis 13 Sep 2010
The spot gold price peered over the parapet into new high ground before pulling back nervously to close the week marginally lower as a doji cross candle confirming the short term indecision for the gold market. The outlook for spot gold, however, still remains firmly...
Gold Trading 7 Sep 2010
The spot gold price has continued to climb inexorably towards the high of June and we now await a new record price for the precious metal which must surely arrive in the next few days. From a technical perspective today’s wide spread up candle once...
Gold Trading 6 Sep 2010
The bullish sentiment for spot gold continued apace last week and Friday’s candle was no exception with a test to the downside promptly being seen as a buying opportunity by the gold bulls. Friday’s candle, as such, ended as a narrow spread down candle but...
Gold Trading Spot Gold Price 1 Sep 2010
Spot gold prices continue to perform strongly once again this week and should we end in positive territory once again then this will make it five successive weeks of gains for the spot gold price. All of this came as a result of the hammer...
