Gold eased after Russia-Ukraine ceasefire talks. The week began with the market opened gapping USD 30 higher at 1918 back from the weekend. The price has quickly jumped to 1931 but stayed above 1920 for only a short while. The gap(1) was refilled before the European session as the price touched 1893. Overall the price was range-bound between 1893-1920 yesterday,...
Gold pulled back from the 1-year high yesterday. The market opened at 1909. The price has kept climbing during the Asian and European sessions, all the way to 1974 until the price began to turn south at the US session. The price dropped to day-low 1877 before the day's end at 1903, down by USD 6 and fluctuated over USD 90 yesterday. The market was driven by...
Gold stayed near the 8-month high last Friday. The price has hit the 8-month high very early in the Asian session at 1902 after the market opened at 1898. The price was basically bounded by the 1890-96 range throughout the Asian and European sessions. Buying resumed at the US session, with the day ending near 1897. The upward momentum has slowed down after the...
The overall price movement yesterday was pretty much in line with our expectations, where the price has been trading within the 1891-1910(1) range, and the day ended near day high 1907. Carried the buying momentum from yesterday, the price has jumped across all the significant S-T resistance(2) early in the Asian session today. Again, the movement was triggered...
Gold eased from the 8-month high yesterday. The market opened near day high at 1908, and the price has been rejected by the key resistance(1) at 1908-10 during the Asian session. Selling began at the European session, and the price has traded between 1896-1906 thereafter. The day ended at 1898, below the 1900 level. Selling pressure remains heavy above 1900,...
The gold market closed near the 8-month high yesterday. The trading day began at 1897 and the price has quickly jumped to a new recent high of 1908 early in the Asian session. However, the price has a drawback to below 1900 very soon, and it was traded between 1887-97 the majority of the day. Gold has finally cleared all the selling pressure at 1900(1) late in...
Gold topped 1900 yesterday. Buying began early in the Asian and European session as the price has carried the buying momentum from the day before. The price broke through the key 1880(1) resistance and the move has continued until it reached day-high 1901. The price ended up closing at 1889, up by USD 28. Once again the major move was triggered by news from...
Gold surged to a near 3-months peak last Friday. The price was basically traded between 1822-35(1) early in the Asian/European sessions. Until after the mid-US session, gold has broken out from the key 1835 resistance(2) and has gone all the way to 1865. The day ended near 1858, up by USD 32. The trading in the Asian/European sessions was in line with our...
Gold rebounded USD 16 yesterday. The day began near 1853, and the price has been range-bound between 1851-57 early in the Asian and European sessions. Ocen the US released the economic figures, the buying has resumed where the price cleared the 1861(1) resistance and went all the way to day-high 1872, the day ended at 1869. Under the shadow of the US Fed. minutes...
Gold slipped away from the 8-month high yesterday. The market opened at 1870, and the price has reached the new high 1979 early in the Asian session. As Ukraine tensions eased, the price started to pull back. It slid all the way to the day low at 1843 right before the US session. The trade has maintained its range between 1846-55 before the day ended at 1853. ...
Gold surged further yesterday. The price was basically bounded by the 1850-57 range early in the Asian and European. It crossed the key resistance 1868(1) late in the US session. It reached a new high near1873 with the day ending at 1873, up by USD 12. Gold has kept its momentum upward since it broke the 1843 resistance last Friday. The gold market should...
Gold pulled back from the new weekly high yesterday. The trading day has opened near 1832, and the price has traded between 1831-35 throughout the early Asian and European sessions. The volatility has increased after the US released the inflation figures, the price first touched the day-low at 1821 and quickly rebounded to the new weekly high at 1841. The...
Gold was steady after the US employment figure last Fri. The market opened near 1804 early in the Asian session, and it has gradually climbed toward the early day-high near 1814 before the US session. Once the US released its employment figures, the price has quickly dropped to the day-low near 1791, however, buying resumed shortly after. The day ended at 1807,...
Gold continued to climb, but the daily range remained tight. The market opened around 1825, and the price was basically jumped in a tight range between 1825-28 throughout the Asian & European sessions. Once the volume has started to pick up at the US session, gold finally crossed the 1828(1) resistance and reached a new 2 week high at 1835. The day finally...
The gold's surge continued yesterday, but the daily range was tight. The market opened near 1821, and the price has been consolidating toward day-low 1815 during the Asian & European sessions early in the trading day. Once gold entered the US session, the market became a bit more active, breaking the S-T resistance and the previous day-high 1822(1). The price...
Gold fell USD 28 yesterday. The market was relatively stable traded between 1843-47 during the Asian and European sessions. Selling orders have been triggered by the price breaking the support trendline(1) in the early stage of the US session. At the US Feb. announcements, the price then slid further. It has escaped the 1828-50(2) trading zone and went all...
Gold retraced slightly last Friday. The day has started weak at 1839 and the price touched the early low at 1828 near the opening of the European session. The price had a quick rebound to 1843 at the US session, and the day ended near 1828, down by USD 5. So far, gold has been behaving quite well within 1830-50 on the 1-hour chart as we have expected. After 2...
Gold tested a new high yesterday. The range was quite tight where the market has opened at 1842 and the price has been trading between 1838-43 throughout the day before the US session. Buying orders has been triggered by the price breaking out from the 1843(1) resistance. Gold has reached a new 2 month high at 1853 before the day's end, with the market eventually...