Tag Archives: Gold

Gold Analysis

Spot gold prices remain at around unchanged levels Tuesday and have been subject to a limited range so far today. Prices held just ahead of moderate support when they slipped to session lows of $1581.63 ahead of the European cash equity opening, just ahead of some minor support around $1580.10.

Gold Analysis

Spot gold prices are trading around unchanged levels so far Tuesday, with the market so far in consolidation mode after Monday’s session saw prices advance to the upside after being range ridden for much of the session.

Gold Analysis

Spot gold prices are trading around unchanged levels Monday with prices so far confined to a range of $1570/68 in Asian trade. Prices initially slipped to session lows of around $1568 before rallying back, in tandem with an improvement in other risk assets, to trade to session highs of around $1576.40 a troy ounce.

Gold Analysis

Spot gold prices remain in mild positive territory Friday, with markets so far today in consolidation mode ahead of the weekend. Gold initially extended yesterday’s sharp losses, on the European cash equity opening, to session lows of $1559.80 before prices edged their way back tentatively to trade to $1572.50, ahead of minor resistance gathering around […]

Technical Analysis (Short Cycle Report): Gold rolling over

Gold is in the early stages of its next big wave down. As long as USD1,641 continues to hold as resistance the probabilities that the crucial USD1,522 support is broken remain high. Cable looks particularly vulnerable to losses, stock markets are cycling lower and the 10-year Bund yield is at a strong resistance zone.

Gold Analysis

Spot gold prices are trading in negative territory Friday, after prices finally gave way to the downside during the previous session. Previous critical support, observed around the $1592 area, gave way ahead of yesterday’s U.S. opening, and sell stops quickly sent gold prices tumbling to around $1565 a troy ounce.

Gold Analysis

Spot gold prices remain in negative territory Thursday with the market spending the majority of the morning ranging around and below the $1600 level.

Gold Analysis

Spot gold prices are trading modestly lower Thursday with prices consolidating a little after the wild swings observed after yesterday’s FOMC announcement.

Gold Analysis

Spot gold prices remain in negative territory Wednesday, as market participants await the results of the U.S. Federal Reserve’s two-day policy meeting.

Gold Analysis

Spot gold prices are trading moderately higher Wednesday ahead of the conclusion of a two-day policy meeting by the Federal Open Market Committee (FOMC) due to be posted at 1630GMT later today.

Gold Analysis

Spot gold prices are trading just above unchanged levels Tuesday with prices pinned in a narrow trading range so far. Prices have so far held around $1626 to the downside before meeting some resistance on the session high of $1630.59.

Gold Analysis

Spot gold prices remain in modest negative territory Monday, with limited price action seen in the precious metal so far. Gold prices did initially have a glitch lower in early Asian trade, after some early flows saw haven buyers from last week exit their longs in anticipation of a more aggressive risk-on theme developing in […]