Tag Archives: Gold
Gold Analysis
Spot gold prices are trading modestly lower Monday as risks of an immediate Greece exit from the eurozone subsided after Sunday’s elections saw the nation’s pro-bailout parties winning by a slim margin.
Gold Analysis
Spot gold prices remain around unchanged levels Friday with investors cautious of taking on any additional exposure ahead of large event risk this weekend.
Gold Analysis
Spot gold prices are trading around unchanged levels Friday with the precious metal remaining steady during Asian traded hours. Trading remains on a more subdued note ahead of Sunday’s Greek vote.
Technical Analysis: Short Cycle Report: Oh dear Gold
Gold sports a potentially bearish wave structure that could see the crucial USD1,522 support level broken. The 10-year Bund yield has strong resistance at 1.64%, the USD is marking time before another leg higher and stock markets are on the cusp of another wave down.
Gold Analysis
Spot gold prices are trading in positive territory Thursday, with prices holding steady so far during Asian traded hours. Spot gold opened around unchanged levels with prices so far holding at lows of $1615.35 with a pick up to highs of $1623.90 observed amid a modestly improved showing from the euro across FX markets.
Gold Analysis
Spot gold prices are consolidating around unchanged levels Thursday with prices a little reluctant to push on from yesterday’s strong advance observed during the U.S. session. Prices held at the Asian low of $1558.75 and began to turn higher on the European cash equity opening as stocks extended modestly from their opening gains and the […]
Gold Analysis
Spot gold prices are little changed Thursday after prices once again tested support around the $1530 level during the previous session. Strong flows into the USD continue to hamper the precious metal, with investors still expressing haven preference towards U.S. Treasuries and German Bonds.
Gold Analysis
Spot gold prices remain in negative territory Wednesday extending their losses from the sharp move lower posted in the previous session. Prices have been in a narrow range so far after hovering between $1550/53 early on during Asian traded hours.
Gold Analysis
Spot gold prices are trading lower Wednesday, extending their losses from the previous session. Prices continue to move in tandem with a weaker euro and the precious metal continues to be shunned by investors as a choice of haven, with U.S. Treasuries and German bonds continuing to attract the safe haven cash flows.
Gold Analysis
Spot gold prices are trading modestly lower Tuesday after prices failed to breach some minor resistance around $1580 early on during the Asian session. Spot gold traded up to just over $1579 before prices fell back to session lows of around $1571.70 as risk assets became subject of some selling pressure in Asia, thought to […]
Gold Analysis
Spot gold prices are trading moderately lower Friday, with prices so far moving in tandem with the euro. Prices has staged a modest recovery yesterday, mainly driven by a pause in U.S. dollar buying.
Gold Analysis
Spot gold prices are trading lower Wednesday, extending some sharp losses posted during yesterday’s session. Prices opened around unchanged levels in Asia but have since fallen to new session lows of around $1556, moving in tandem with a risk-off theme across Asian markets.
