Yesterday’s gold trading price continued the bullish momentum for spot gold ending the trading session with an up candle but with a deep lower wick suggesting that we should see a stronger move higher in gold prices in the gold term. Indeed this view is...
Home » Posts tagged "gold broker"
Gold Price 15 Sep 2009
Another interesting day for gold traders yesterday, with spot gold prices once again flirting at the $1000 per ounce level, initially opening gapped up above this price point, but finally ending the gold trading session marginally below. From a technical perspective yesterday’s candle ended with...
Spot Gold Prices – Daily Gold Chart 13th September 2009
A strong week for spot gold prices, with the gold market flirting at the $1000 per ounce level once again, and of course all gold traders and market analysts are now asking themselves whether we are likely to see a failure at this price level...
Spot Gold Prices – Spot Gold Chart 9th September 2009
Another strong day for spot gold prices yesterday which surged higher once again and broke through the psychological $1000 level which arrived sooner than even I expected. Technically yesterday’s candle has a degree of weakness signified by the deep upper wick and whilst this is...
Gold Trading Analysis 24 Aug 2009
The pullback outlined in yesterday’s gold trading post arrived today with some force on the daily gold trading chart, ending the trading session with a wide spread down candle which closed below the 9 day and 14 day moving averages, but which seemed to find...
Gold Trading – Gold Trading Chart 20th August 2009
A somewhat desultory day for gold trading today which ended the trading session in a tight range bounded between the 9 and 40 day moving averages. Technically today’s candle was similar in many respects to yesterday’s with a relatively narrow body and lower shadow although...
Gold Trading Analysis 18 August 2009
As spot gold prices continued to slide yesterday I hope you were able to take some profits on the way down as gold trading ended the session on a wide spread down bar which broke below the 40 day moving average closing deep within the...
Spot Gold Prices – Spot Gold Chart 10th August 2009
Friday’s announcement that European central banks had agreed to reduce their annual sales quota of gold bullion by 20% to 400 tonnes did briefly spark some life into spot gold prices, which managed to reach an inter day high of $963 per ounce before falling...
Spot Gold Prices – Daily Gold Price Chart 7th August 2009
The effect of today’s Farm Payroll Data cannot be underestimated for several reasons and proving once and for all the cat’s cradle that is the financial markets. Should the numbers come in better than expected then this will prove beneficial for equities as the market...
Spot Gold Price Chart – Gold Prices 6th August 2009
Although most gold analysts expect spot gold prices to hit the $1000 per ounce mark at some point this is certainly not a given, and despite the bullish sentiment in place on the gold chart technically we are now approaching a pivotal point which will...
Spot Gold Price – Daily Gold Chart 5th August 2009
Spot gold prices (much like crude oil prices) shrugged off their own market fundamentals of weak demand and lack of volume in gold future by ending the day on a wide spread up bar closing well above all three moving averages which are now pointing...
Spot Gold Chart – Daily Gold Prices 4th August 2009
Yesterday’s price action on the daily gold chart came as no great surprise following the strong upwards surge on Friday, and ended the trading session as a long legged doji suggesting that we may see a short term pullback in the price of spot gold...
