Home » Posts tagged "spot price gold"

Spot Gold 18 Nov 2010

Following yesterday’s small hammer candle on the daily gold chart the spot gold price has recovered some of its poise today climbing back above the 40 day moving average to trade at time of writing at $1354.19 per ounce.  As such we are now trading...

Continue reading »

Spot gold price analysis – 16th November 2010

The price of spot gold continued to move lower once again yesterday, following the market’s nervous reaction to a potential interest rate rise in China, sparking fears of falls in demand across the commodity sector as inflation continues to take a firm hold in the...

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 »

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 »