Home » Posts tagged "spot gold prices" (Page 9)

Spot Gold Prices – 3rd March 2009

As I suggested yesterday we had a contradiction in the charts, with the weekly chart suggesting a bearish move following the engulfing candle of last week, and the daily chart suggesting a possible turn in the short term. Following yesterday’s price action we can see...

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Today Gold Price – 2nd March 2009

Last week was an interesting one for the spot gold price, with five consecutive down days on the daily chart, finally ending on Friday with a long legged doji candle for the day. With prices now firmly below the 9 day and 14 day moving...

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Spot Gold Prices Today – 27th February 2009

We saw a continuation of profit taking in spot gold yesterday which was mainly attributed to fresh optimism in equities compared to earlier in the week with the Dow Jones up for most of the day before falling to steady levels. The inability to break...

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Spot Gold Prices – February 19th 2009

One step closer to the $1000 mark could probably describe spot gold’s performance yesterday, which continued to move up hitting a new high of $987.28/oz and in line with my own analysis, based on the daily chart. Earlier this week, the Obama administration unveiled what...

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Spot Gold Prices – 18th February 2009

As safe haven buying continued yesterday spot gold prices rallied sharply touching its highest point since July 2008 at $974.22/oz level, with a wide spread up bar on the day, so I hope you followed my advice of yesterday and made money on the trade....

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Spot Gold Prices – 17th February 2009

As expected we saw a quiet session in spot gold prices yesterday due to the Presidents Day holiday in the US with the yellow metal gaining just over 2 dollars in a very thin market. Lately gold has been supported by a tidal wave of...

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Spot Gold Prices – February 16th 2009

Spot gold closed lower on Friday as investors took profits off the table ahead of the long weekend in the US with the markets closed on Monday in the US for Presidents Day. The move came a day after gold prices reached their highest level...

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Spot Gold Price – February 13th 2009

Despite talks of deflation for the rest of economy, spot gold moved up again yesterday as market participants increasingly looked for a safe haven amid a bleak economic outlook, and  as I suggested in yesterday’s post, so I hope you followed the advice. However, I...

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Spot Gold – Daily Chart 12th February 2009

Spot gold prices continued their upward trend ( as did spot silver) peaking at $947.42/oz yesterday, the highest level since July 23rd after a technical breakout above key resistance at $930, with a wide spread up bar on the day. This was a follow through...

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Spot Gold Prices – February 11th 2009

Spot gold closed sharply higher yesterday crossing above the 9 and 14 day moving averages and gaining in excess of $20.00 for the day. The driver behind it was a significant sell off in the Dow following the lack of details in Treasury Secretary’s comments...

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Spot Gold Prices – 10th February 2009

As I suggested in yesterday’s post, we saw a fall in spot gold prices yesterday following the bearish engulfing signal of 6 days ago, followed by the shooting star and doji candles, indicating a short term weakness in the move and a reversal from the...

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