The market opened at 1767 early in the Asian session and the price gradually sinks toward day low 1757. The price climbed back to the day-high 1770 at the US session. The day ended near 1764, down by USD 2. The price has broken out from yesterday's resistance 1770 early in the Asian session today, the upside can target 1780 for now. Overall the price is still...
The gold price was relatively stable yesterday, traded within 1750-60 throughout the day. The price has failed to carry the downward momentum from last Friday, and the price is now stable within the 1746-64(1) range. Investors can take advantage of the rangebound pattern before the breakout. After the rapid pullback(2) last Friday, the market is still waiting...
Gold pulled back from the 2-weeks high last Friday. It had traded between 1746-64 throughout the Asian & European session. Once the US employment figure was released, the gold price jumped all the way to the 1780 level. But it had retraced quickly before the day's end, the week ended near 1756, up slightly by USD 2. The buying momentum from last Friday's US...
Gold traded in a relatively tight range yesterday. The market had opened near 1764 early in the Asian session and jumped to the day-high at 1766 at the European session. The price slipped at the US session. The day ended near 1754, down by USD 7. The structure hasn't changed much, can't see any new indications on the 1-hour chart. Overall the price is still...
Carried the buying momentum from the day before, gold had continued to climb last Friday. The market opened near 1755 with the price traded between 1750-60 throughout the day. The week ended near 1760, up slightly by USD 5. The trend has bottomed out since the price broke out from the resistance line(1) on the 1-hour chart. After 2 days of trading, the price...
Gold slipped slightly yesterday. The intraday movement was quite similar to the previous trading days. The price basically had fallen during the Asian/European session and rallied from the bottom during the US session. Once again the market was able to close above 1760 yesterday, ended at 1762. The gold price has been trading within 1746-64(1) in the past 24...
Gold edged down yesterday. The price had continued to slip after the market opened near day-high 1768 early in the Asian session. Once the price break the S-T support line(1), selling had accelerated. The price touched the day-low near 1748 at the US session. The market closed with a rebound at 1759, down by USD 9. The gold price has failed to push higher...
Gold ended high yesterday. Although the market had been sliding after it opened near 1764 early in the Asian session, the buying was strong during the US session. It has touched the day-low near 1746 before the US session, but it reached day-high 1770 with the day ended near 1769. The price has finally broken out from channel (1) on the 1-hour chart, escaping...
Gold fell another USD 7 yesterday. The market opened at 1733. After the price rebounded to day-high 1745 in the early Asian/European session, it had begun its fall and touched a new monthly low 1726. The price is still trading within the M-T downtrend channel in the 1-hours chart. The market is still pressured by the resistance line(3). Closing above 1733...
Gold found the bottom support last Friday. The market had opened at 1744 in the Asian session, and the price had slowly climbed to the day-high at 1757 right before the US session. The price had fallen to day-low 1739 during the US session, with the day ended at 1750, up by USD 8. As mentioned last Friday, the gold price is currently maintaining its path in...
Gold broke out from the bottom yesterday. The price had begun its drop in between the Asian and European session after it broke the support at 1750. It touched the day-low 1727 at the US session opening, and the day ended near 1733. Selling momentum began after the price has escaped the ST uptrend channel(1) yesterday. And the second round of selling has been...
Gold pulled back from the early climb yesterday. The market opened around 1750. The price surged to the day-high near 1760 at the European session and it had started to drop thereafter. The market ended at 1750, with a day-low touched 1744. Although the price broke out from the 1756 resistance in the early session, the buying momentum has failed to follow...
Gold fell USD25 yesterday. The market opened near 1768 early in the Asian market and had climbed toward the day-high at 1776 before the US session opening. Selling began at the US session. The price had fallen to a 1-month low near 1737 right before market closing, the day ended near 1742. Although selling momentum from the day before resumed during the US...
Gold pulled back from a 1-week high yesterday. The market opened near 1774 early in the Asian session, and the price had been under pressure by 1780(1) until the US Fed. meeting. The price had touched the day-high 1787 before its drop. The day ended at 1768, downed by USD 6. The upward movement originated from Monday is now officially ended by gold breaking...
Gold jumped over USD10 yesterday. The price was trading between 1760-68 early in the Asian/European session until it broke out from the 1768-70 resistance(1). It reached a day-high near 1781 at the US session opening, and the day ended near 1773. Since the price began its rebound from the low 1741 on Monday, an S-T uptrend channel(2) has formed in the past 24...
Gold rallied from a 1-month low yesterday. The price has carried the selling moment from its previous session and dropped to the day-low near 1741 at the market opening. Since then, it had started to rebound. The price climbed to as high as 1767 at the US session, with the day ended near 1763. The price has escaped the upward trendline(1) before the US...
Gold pulled back from the S-T rebound last Friday. The market had climbed to 1767 early in the Asian /European session away from the drop the day before. But selling had resumed while the market approaching the US session with the price quickly fell back to 1750. The day ended near 1754. The price has been supported by 1750 late last week and the market...
Gold pulled back yesterday from the 1 week-high. The price has gradually gone down after the market opened near 1803. Once the market volatility had increased at the US session, it crossed 1800 support and traveled all the way to day-low 1789. The day ended near 1793, down USD 11. The gold price has failed to carry the buying momentum from the day before. ...