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Gold gained slightly last Friday. The price had carried the selling momentum from the day before, the price slipped to 1770 at the European session. Once the US released its inflation figures, the price had rebounded quickly. It touched day-high at 1789, with the day ended at near 1782. The pattern hasn't changed much on the 1-hour chart. So far, can't see...

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Gold inched higher yesterday. The price had been steadily on its way up after the market opened near day-low around 1782. The price reached day-high 1791 before the US session, and the price retraced thereafter, with the day ending near 1786. The pattern hasn't changed much in the 1-hour chart. Overall the price is still maintaining its path within the...

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Gold pulled back from the 1-week high yesterday. The market opened near 1784 and the price had climbed to the day-high 1793 at the European session. The price stayed within 1780-85 during the US session, with the day ending at 1782 down by USD 2. The price was rejected by 1792(1) yesterday, along with the S-T uptrend channel(2) remaining in place, the...

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Gold rebounded from the bottom last Friday. The market opened near 1770, and the price had been trading between 1767-1775 throughout the trading day before the US session. After the US employment figures were released, the buying became stronger at the 1770 level(3). The price floated back upon 1780 soon and the day ended near 1783, up USD 15. In the 1-hour...

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Gold inched higher yesterday. The price had traded between 1777-1784 throughout the Asian/European session. At the opening of the US session, the price springboarded to day-low at 1771 then started to jump high. The price reached the day-high at 1787, with the day ending at 1783 up by USD 5. The downtrend (1) originated from Nov. 26 is now ended by the price...

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Gold was bounded by a tight range yesterday. The price had reached the day-high 1787 after the market opened at 1782 early in the Asian session. Thereafter, it had slowly consolidated and visited the day-low 1775 at the US session opening. The day finally ended at 1778, down by USD 5. An S-T upward trendline(2) has been formed in the 1-hour chart since the price...

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Gold consolidated further yesterday. The market opened at 1781. Once it had touched the day-high at 1783 early in the Asian session, the price started to sink. The price had traded between 1770-80 during the European session and crossed the 1770 previous low at the US session. The day-low yesterday touched 1761, with the day ending at 1767, down USD 14. The...

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Gold fluctuated between 1780-1815 last Friday. The price had kept edging up after the market opened near 1790. Once it broke the 1800-03 resistance at the European session, the price jumped to a 1-week high of 1815.6. But the buying failed to sustain, the price fell all the way to day-low 1780 thereafter. The day ended at 1790, up slightly by USD 1, day range...

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Gold regained some ground yesterday. The market started at 1775. The price has broken the resistance of 1780 in the Asian session and jumped all the way to day-high 1794 in one boost. The price stayed within 1780-90 throughout the rest of the day. The day ended at 1781, up USD 7. As mentioned previously, the selling pressure wasn't too strong after the Fed....

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Gold finally broke the key 1780 support yesterday. The market opened near 1785 at the Asian session. The early buying has begun once the price broke the resistance line(1). It reached the day-high 1808 at the US session, briefly crossed the resistance at 1800-03(2) in the 1-hour chart. The momentum has shifted once the Fed. Chair Testimony began. The price...

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Gold closed at 1783 near the bottom of the range yesterday. The day opened near 1790 and the price had been climbing until it touched day-high at 1799 at the European session. Once the price was rejected by 1800, the pullback began. The price slid all the way to day-low at 1780, with the day ended near 1784, down by USD 6. Althought the price has been under...

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Gold wandered near the 2 weeks low yesterday. The market opened near 1789, and the price had climbed to the day-high 1796 early before the European session. The price then began to slip. It touched a 2-weeks low at 1777 at the US session. The day ended near 1788, down slightly by USD 1. After the price visited the bottom twice in the last 48 hours, Gold...

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Gold slipped on Friday. The market opened near 1859, and the price had retraced to the early low at 1851 during the European session. Before the price slip further, it had rebounded to 1865 at the US session. The day ended around 1846, down by USD 12. The price has traded within the triangle pattern(1) early last Friday. Selling has been triggered by the...

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Gold sunk deeper yesterday. The price had steadily gone lower throughout the day after the slight rebound early in the Asian session. Once the price crossed the support at 1800-03(1), the price has gone all the way to day-low near 1781. The day ended at 1788, down by USD 15. After 4 days of consolidation, the range of the drop yesterday has finally narrowed...

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Gold fell more than USD 40 yesterday. Back from the weekend, the market gapped lower at the opening near 1841. Once the price broke out from 1843(1), selling had accelerated. At the US session, the price crossed the key support at 1833(2) and dropped further. The market had touched day-low at 1802 before closing with the day ending at 1804, down by USD...

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Gold wandered around the 5-months peak yesterday. The day had begun relatively high near 1866. In the Asian session, the price had carried the buying momentum from the previous day reached the day-high at 1872, and selling began thereafter. Gold touched day low 1854 at the US session, with the day ended near 1858 down by USD 8. Gold is still trading within...

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Gold rallied at the 5-month peak last Friday. The selling has been relatively strong early in the Asia/European session after the market opened at 1861. The price has touched the day-low near 1843 before the US session. The rebound began as the gold entered the US session and the price was once again rejected by 1868. The day ended at 1864, up by USD 3. The...

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Yesterday, gold recovered from the fall the day before. The market opened near day low around 1850 early in the Asian session and the price has continued to climb. At the US session, it reached the day-high near 1867. The day ended at 1867, up by USD 17. The pattern has changed much on the 1-hour chart in the last 24 hours. The price is still maintaining its...