Tag Archives: Gold
Gold Analysis
Spot gold prices are trading in positive territory Wednesday after posting their biggest one day decline seen since late June during the previous session.
Gold Analysis
Spot gold prices have edged their way into negative territory Tuesday remaining in a narrow trading range during Asian traded hours. Gold prices eventually tried to break to the upside during Monday’s session, but were met with sellers camped in the resistance band of $1592/94.
Gold Analysis
Spot gold prices are trading narrowly lower Monday extending their declines for a third consecutive session. Sentiment in the precious metal remains on the fragile side, after Friday’s US non-farm payrolls report failed to ignite the flames of the quantitative easing (QE) brigade that had previously been buying dips of gold amid hopes of a […]
Gold Analysis
Spot gold prices are trading around unchanged levels Friday ahead of important US jobs data, due later today at 1230GMT. Gold prices ended Thursday’s session $11 lower to close at $1604.68 a troy ounce as prices slipped back amid an ADP employment report that suggests today’s non-farm data may not be as negative as first […]
Gold Analysis
Spot gold prices are trading around unchanged levels Thursday with market participants eagerly awaiting decisions from the Bank of England and European Central Bank.
Gold Analysis
Spot gold prices are consolidating around unchanged levels Wednesday, after Tuesday’s session saw prices establish themselves above $1600 to close at $1617.35 a troy ounce.
Gold Analysis
Spot gold prices are trading modestly higher Tuesday after some bleak U.S. manufacturing data helped rekindle hopes for some more monetary easing by central banks to support recovery.
Gold Analysis
Spot gold prices are trading narrowly lower Monday as the market pauses after posting 3% gains during Friday’s session, gold’s biggest single day rally in a month.
Gold Analysis
Spot gold prices are trading in positive territory Friday after initially consolidating just above the lows posted during yesterday’s session.
Gold Analysis
Spot gold prices are trading around unchanged levels on Thursday ahead of the EU summit. Prices initially edged their way higher during Asian traded hours to highs of $1579.15, in tandem with a modest move higher in the euro, which was showing some resilience ahead of today’s summit.
Gold Analysis
Spot gold prices are trading in modest negative territory Wednesday in what has been a lacklustre session for the precious metal so far.
Asian Currencies Technicals
AUD/USD: $1.0140 the level to watch topside today. Retests of the 21 day MA and then the June 8 lows beneath currently remain favoured until the AUD can manage to close back above the $1.0140 spike low from June 20 that is expected to cap on bounces.
