Posted 1 week ago

Between March and September[2008] the price of gold declined almost 300$ (1032$ - 736$), So far thats the biggest decline both in nominal and percentage terms since the global gold bull market had

Tags: gold silver

Posted 4 weeks ago

Recent downward action is similar to 2006 action , this time the pressure in the markets is probably more severe but there are lots of price action similarities, just do the calculations. Honestly, I

Tags: gold

Posted 9 weeks ago

Previous week action:Gold traded between 893$ and 934$ which is a 41$ trading range for the week. Open = 928$ and close 910$, third red candle in a row.However, gold did not trade below or above any

Tags: gold

Posted 10 weeks ago

Cyclical resistance zones: July 15 high of 988$ and March 17 high (all times high) 1032.20$.Cyclical support zones: 12 Jun Low of 857.45$ May 2 low of 845.50$.Pivot zone : 912$Gold spot 8 hour

Tags: gold

Posted 11 weeks ago

Long term currency perspective , monthly charts:Euro / US Dollar, EUR/USD 32 years chart partly syntheticJapanese Yen, USD/JPY 33 years chartBritish Pound, GBP/USD 38 years chartSwiss Franc, USD/C

Tags: cad

Posted 12 weeks ago

August gold reached 969$. Support at cyclical lows: 850$ and 860$ are important lows. 875$ and 913$ less important. No specific resistance point other then the 1041$ high of March, 1000$ and the zon

Tags: gold

Posted 13 weeks ago

Gold continued higher and August Gold (GCQ8) traded between 920$ and 949$ .Higher lows should probably follow : 850$, 860$, 875$ , ? ...Resistance at : 950$ , 960$ - 965$ and then 1041$.Note the F

Tags: gold

Posted 14 weeks ago

22 27 June 2008 August Gold (COMEX GCQ8 , CBOT ZGQ8 & YGQ8)August gold future contracts ranged 56$ ( 877$ - 933$). Gold begun the week on the weak side (price did not make a lower low vs. previo

Tags: futures gold gold futures

Posted 15 weeks ago

It was an inside week this week the GCQ8 contract traded ( 868$ - 912$) within last week range ( 859$ - 913$) . gold is trading comfortably in recent range with a slight positive bias as the

Tags: gold

Posted 16 weeks ago

Dear readers,This week the August gold contracts (GCQ8, ZGQ8, YGQ8) traded between 913$ and 859$ (54$ range). The price did go below 868$ - 864$ but closed the week at 873$. For August gold the

Tags: gold