Palladium climbed to a 13-year high in the longest run of gains in more than a month in New York on concern supply will lag demand and add to shortages. Gold fell...
XAUUSD remains in a choppy range above key a key Gann confluence near 1280 Our broader bias is positive on the metal while over 1280 The 1320 area need to be overc oem on a closing basis to signal that a more important advance is unfolding A move under 1280 will turn us negative on Gold Weekly XA...
Comex Gold futures closed lower for July and near the low of the month, suggesting more selling pressure may be coming in August. The short-term view shows a market that is very sensitive to U.S. economic data and not too much to geopolitical events...
Fundamental Forecast for Gold: Neutral Crude Soars As Iraqi Supply Fears Reignite, Gold Gains On Haven Demand Gold Reverses from Fibonacci Level and 200 DMA Looking ahead to next week the US economic docket will be rather light with only retail sales, industrial production and the University of M...
Prices launched higher as expected after putting in a bullish Piercing Line candlestick pattern. Resistance is now at 1320.12, the 38.2% Fibonacci expansion. A break above that on a daily closing basis exposes the 50% level at 1332.49. Alternatively, a reversal below the 23.6% Fib at 1304...
Gold prices are seeing a mild downside technical correction following the strong gains posted Wednesday. There is also a bit less risk aversion in the market place Thursday, which is not bullish for the safe-haven gold market. December Comex gold was last down $1.30 at $1,305.40 an ounce...
Fundamental Forecast for Gold: Neutral Gold the Commodity or Gold the Currency? Weekly Price & Time: Critical Test Coming Up For Gold Gold prices are lower for a third consecutive week with the precious metal off by 0.90% to trade at $1295 ahead of the New York close on Friday...
We take a look at the top reported official gold holdings of individual countries (as of June 2014) based on information from the World Gold Council. #20: Spain Tonnes 281.6 % of reserves: 25% #19: Lebanon...
This week two main factors influenced gold prices: soft U.S. housing data supported the metal by driving uncertainties as to when the Federal Reserve will hike interest rates. News about the U.S. and Europe imposing fresh sanctions on Russia also supported the yellow metal...
Prices are drifting cautiously lower having topped below $1350/oz three weeks ago. Near-term support is in the 1284.09-87.13 area, marked by a falling trend line set from late June and the 38.2% Fibonacci expansion. A break below that on a daily closing basis exposes the 50% level at 1269.22...
Silver markets tried to fall during the course of the week, and although we did produce a red candle it has to be said that the range was in exactly impressive. On top of that, there is the $20.00 level below, which of course is very supportive...
Playing palladium’s uptrend remains preferred with the prospect of a run on the psychologically-significant 900 handle over the near-term still looking likely. A retest of 861 or push back above former support-turned-resistance at 875 would offer a fresh buying opportunity...
Prices are testing below support at 1297.74, the 50% Fibonacci expansion. A daily close below that exposes the 61.8% level at 1291.48. Alternatively, a reversal above the 38.2% Fib at 1304.00 aims for the 23.6% expansion at 1311.75. China's gold demand slumped 19...
Gold markets fell during the course of the week, testing the $1300 level. This market bounce from there, but the candle was in exactly supportive enough to get us too excited about buying. We certainly wouldn’t sell though, as the market certainly has support underneath that level as well...
Fundamental Forecast for Gold: Bullish Gold Pullback May Prove Short-lived, Copper Looks To China Data What To Make of Gold’s Bullish Move Gold price are sharply higher on the week with the precious metal up nearly 3% to trade at $1315 ahead of the New York close on Friday...
Commodities are all mixed. The downing of a Malaysian passenger jet over Ukraine has supported in the rise of Crude. A sharp rise in Brent is seen which may be negative for the Indian Rupee. Gold (1315.69) held its gains after a sharp rise on Wednesday, unable to decide a sharp upmove...
Gold prices have steadied on Tuesday, as the spot price stands at $1309.23 per ounce late in the European session. Gold slipped about 2% on Monday, as the pair fell close to the $1300 level. On the release front, Monday's highlights are Core Retail Sales and Retail Sales...
A drastic sell-out in gold futures so far Monday is being blamed on heavy long liquidation, aggravated when sell stops were initiated...
Gold prices gain in Asia, as the focus on the euro zone and Portugal remained despite assurances from the central bank...
