Home » Posts tagged "gold spot prices"

Bullish tone for gold futures set to continue

The December gold futures contract closed the session at $1734.90 per ounce, reversing yesterday’s small pullback having just failed to breach the $1740 per ounce in the trading session. For the second day in succession we have now seen an “inside day” on the daily...

Continue reading »

Spot Gold 10 Nov 2010

An interesting and volatile for spot gold yesterday which saw the precious metal reach a high of $1424 per ounce and low of $1383 before closing the gold trading session as a narrow spread down candle but with wicks to both top and bottom, and...

Continue reading »

Gold Trading Analysis 8 Nov 2010

The longer term bullish trend for the spot gold price continued once again on Friday with the precious metal testing a low of $1343.46, only to close higher once again at $1394.75 ending the gold trading session as a narrow spread up candle but with...

Continue reading »

Gold Price Analysis

Yesterday’s candle on the daily gold spot chart gave us a strong signal once again that the bullish sentiment for the commodity remains firmly in place with the low of the day bouncing off the 40 day moving average and subsequently recovering to hold above...

Continue reading »

Gold Rate

The gold spot price ended yesterday’s gold trading session as a wide spread up candle which gave us a bullish engulfing signal as we reversed Wednesday’s losses to close back above the 9 day moving average once again and ending at $1343.55.  As such, yesterday’s...

Continue reading »

Daily Gold Price

The slide in the spot gold price appears to have come to an end this morning as normal service has once again been resumed following the conclusion of the G20 meeting at the weekend in Korea.  The net result is that further dollar weakness is...

Continue reading »

Gold Spot Price 22 Oct 2010

The pullback in the spot gold price continued yesterday with a relatively wide spread down candle which closed the gold trading session at $1324.80 per ounce as it re-engages with a temporary bout of inverse correlation with the US dollar.  In other words this week’s...

Continue reading »

Spot Gold Analysis 20 Oct 2010

The spot gold price sold off sharply yesterday, along with many other metals in the commodity market, such as copper and silver with crude oil also reacting to the news that China had surprisingly increased its interest rates by 0.25% – news which surprised the...

Continue reading »

Spot Gold Analysis 18 Oct 2010

Spot gold prices paused for breath on Friday staging a modest pullback from the high of $1385.10 and ending as a narrow spread down candle with small wicks to both top and bottom.  Friday’s high just failed to breach the all time for high of...

Continue reading »

Spot Gold 13 Oct 2010

Spot gold continues its relentless climb higher today breaking yet again in new high ground having opened the trading session at $1350.10 to trade at time of writing at $1369.50, marginally below the high of the day of $1373.85 per ounce.  The early part of...

Continue reading »

Spot Gold Price 11 Oct 2010

The spot gold price climbed higher once again on Friday recovering from Thursday’s sell off which saw the precious metal hit an intra day high and new record at $1364.55 per ounce before pulling back.  Friday’s price action was primarily to the upside with the...

Continue reading »