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Gold remained within a tight range yesterday. The market opened at a relatively low point near 1832. The price has gradually moved higher until it reached the day-high near 1844 at the European session. The day ended near 1842, up by USD 8, fluctuated in a USD 14 range. So far so good, the movement of the gold price has been in line with our expectations...

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Gold stalled near the 2-months high. The market opened at 1840, and the price has been bounded between 1835-40 throughout the Asian & European session. The gold price brushed to a new 2-months high at the US session, however, the buying momentum hasn't been able to follow through. The day ended at 1839, practically unchanged from the previous day. Trading...

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Gold pulled back from a new weekly high last Friday. The market opened at 1821 and the price reached the day-high before the European session early in the trading day. Once the US released the retail sales figures, the price has begun to turn weak. It touched again 1815 and the market ended at 1817, down by USD 4. The price tested a new high again last Friday...

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Gold surged over USD 26 yesterday. The day has started at 1813. Early in the Asian session, the price was traded between 1810-15. The climb has officially begun after the price broke out from 1820 and the resistance trendline(1) at the European session. Buying accelerated at the US session, and the price reached day-high near market closing at 1843, the day...

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Gold rallied to a weekly low yesterday. The market opened near day high yesterday. Once the price touched 1822 early in the Asian session, it sunk all the way to the day low at 1808. Volatility has increased during the US session, but the price has been able to maintain its path within 1810-20, The day ended near 1813, down by USD 4. Although S-T selling has...

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Gold rebounded after a brief sell-off yesterday. The market opened near day-high in 1825. The price has started to turn south as it entered the European session, touching the day-low around 1811 at the US session. At the day's end, the gold price rallied back to 1822, closed down by USD 3. Overall the market is in line with our expectations, with the price...

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Considering it was a non-farm night, the gold price was relatively stable last Friday. The market opened near 1791. Throughout the Aaisan and European session, the price has fluctuated in a USD 7 range between 1785-92. At the US session opening, the price touched a 2 week low near 1782 then rebounded. The day ended up at 1796, up slightly by USD 5. The market...

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Gold continued to move up yesterday. The market opened near 1820. The price has first consolidated toward 1815 in the Asian and early European session. The price had begun its climb as the time get close to the US session. Once it broke out from the resistance line(3), the price traveled to day-high 1827. The day ended near 1825, up by USD 4. The uplifting...

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Gold rose a bit further yesterday. The week began at 1794 with the price trading between 1790-1800 thought-out the majority of the day. The price broke the resistance 1800 near the day's end and the day ended near 1801, up by USD 5. The movement yesterday was in line with our expectations. For the moment, the trading range 1785-1808(1) is still valid with the...

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Gold fell USD 19 yesterday. The drop began early after the day began near day-high around 1810 at the Asian session. Once the price broke the support of the uptrend channel(1), the selling has accelerated. The price went to the early low around 1792. After a brief rebound, the second round of selling occurred at the US session, the price touched a day-low near...

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Happy New Year! Gold pulled back from the 2-months high yesterday. The market opened near 1830. And the price has begun to slide after the price briefly touched the daily high near 1832 early in the Asian session. As the price broke the supporting trendline(1) at the US session opening, a new round of selling has been triggered. The price fell all the way to...

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Gold tested the resistance again yesterday. The day began near 1813. At the European session, the buying momentum from the day before has resumed, breaking out from 1815(1) resistance, the price has gone all the way to 1829 at the US session. The price has pulled back thereafter, it went to day-low 1808, with the day ended USD 4 lower. The price has tried to...

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Gold rebounded from 1800 yesterday. The market opened near 1802, and the price has been trading between 1800-06 throughout the Asian and European sessions. The rebound has officially begun after the price touched day low at 1798 before the US session. The price reached the day-high at 1816, with the day ending at 1814, up by USD 12. The price movement is in...

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Gold climbed more than USD 10 yesterday. The market opened at1788. The price was bounded by a tight range between 1785-91 early in the Asian & European session. At the opening of the US session, volume rushed in. The price broke out from the S-T downtrend channel(1) and the 1792 resistance. It went all the way to day-high 1804 near closing, ended the day at...

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Gold pulled back from another weekly high last Friday. The market opened near 1798 levels. Once the price broke out from the key 1800 resistance(1) early in the Asian session, it had not stopped climbing until it peaked at 1814 at the US session opening. After the price touched 1814, profit-taking and selling soon began. The week ended at 1797, pretty much...

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Gold had once again pulled back from an early climb yesterday. The market opened at 1790 early in the Asian session. During the European session, an upwave had been triggered by the price breaking out from the trendline (1) and the resistance line 1792. It reached the day-high 1800 at the opening of the US session, then selling had begun. The price visited day...

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Gold had carried the selling momentum from the day before, consolidated further yesterday. The price had kept moving lower after the market opened at 1800 and touched the day-high early in the Asian session. It sunk to the bottom 1788 late in the US session ended the day at 1790. As mentioned yesterday, gold has entered an S-T consolidating period after it...

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Gold rallied from the 2-months low yesterday. The market opened near 1771, and the selling accelerated at the US session opening. The price cleared the 1770 support and dipped all the way to a 2-months low near 1752 right after the US Fed. announcement. The gold price rebounded quickly thereafter, the day ended at 1776, up USD 6. Gold has carried the selling...