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Gold Price – Gold Chart 17th September 2009

The gold price on Wednesday, continued to push towards the all time high for the gold, briefly touching the $1022 per ounce level before ending the gold trading session marginally lower, but with a wide spread up bar which reinforced Tuesday’s bullish sentiment in the...

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Gold Trading Analysis 16 Sep 2009

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...

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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...

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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...

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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...

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Spot Gold Daily Chart 3 August 2009

Friday’s wide spread up bar on the daily gold chart came as a complete surprise and to be blunt was totally unexpected and impossible to predict as the technical picture was one of a bearish reversal following last Tuesday’s signal and the consequent deeper move...

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Gold Chart 31 July 2009

Following the two steep falls in gold prices on Tuesday and Wednesday, yesterday’s up candle provided some relief for gold bulls, ending the session with a narrow spread up bar, which closed the trading session marginally below the 40 day moving average, where the high...

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