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Spot Gold 1 Dec 2010

A strong performance for spot gold yesterday which closed the gold trading session as a wide spread up candle which finally broke out from the recent sideways consolidation of the past few weeks.  In addition to injecting some much needed momentum into the gold chart,...

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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...

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Spot Gold Price 1 Nov 2010

Friday’s positive close above all four moving averages for the spot gold price re-established the longer term bullish trend as the gold price ended at $1359.20 per ounce whilst also breaking above the recent sideways price platform.  Despite today’s minor pullback spot gold managed to...

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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...

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Spot Gold Price 7 Oct 2010

The bullish trend for the spot gold price continued higher once again yesterday ending as a relatively narrow spread up candle which touched an intra day high of $1349.60 per ounce before closing marginally lower at $1344.90 per ounce.  This positive sentiment for gold has...

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Spot Gold Analysis 20 Sep 2010

Following the break out into new high ground last week spot gold has continued to move higher in the gold trading session once again today, and currently trades at time of writing $1281.35, marginally below its all time high of $1283.45 per ounce.  As we...

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Spot Gold Price Analysis 14 Sep 2010

Friday’s deep hammer candle on the daily spot gold chart which touched a low of $1236.68 on the day, duly provided a strong trading signal for gold bulls with validation of the signal coming in today’s gold trading session as the precious metal continues its...

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