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Gold remained in a tight range yesterday. The market opened at 1739, and the price was bouned by 1739-46 throughout the day, The relatively rapid drop the day before has slowed down since the price escaped the S-T downward trendline(1) yesterday. 1730-65(2) can be used as the operating range before the US employment figure. The S-T resistance at 1750 is still...

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The gold market was relatively quiet yesterday due to the US holiday. The market opened at 1810, and a USD 10 range-bound the price throughout the day. Before the US session last Friday, gold tested the support near 1783(1). Notice that day, once the market entered a more active US session, buying has started to pour into the market. Buying support was strong...

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Gold touched a new 9-month low yesterday. After the market opened at 1765,m the price was bounded by 1765-72 throughout the Asian and European sessions. The selling momentum has resumed as the market approaches the US session. Once the price cleared the support at 1750(1), it went to a day-low near 1731. The day ended at 1738, down by USD 26. Gold seems to have...

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Gold dropped over 2% yesterday. As the trading began at 1807 to start the day, the price touched the day-high at 1812 early in the Asian session. The momentum began to turn bearish during the European session. Gold cleared the 1800(1) support at the US session opening and then fell further, breaking the previous low of 1784 after the US released better than...

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Gold was choppy yesterday. The day began near 1819. The price had tested the 1820 support in the Asian session and eventually touched the day-low at 1811 at the European session. The rebound started early before the US session, with the price jumping to a day-high near 1833 about 2 hours into the US session. The day ended at 1817, slightly down by USD 2 with a USD...

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Gold pulled back from the early climb yesterday. The market opened with a gap of USD 10 higher than last Friday's closing. After refilling the gap in the opening hours, the price resumed its path upward until it reached the day-high near 1841. However, the buying momentum failed to sustain; the day ended at 1822, near the day low. The early surge yesterday...

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Gold continued to hover near 1835 yesterday. The price cleared the support of 1830 early in the Asian session and touched the day-low near 1822 during the European session. While the market approached the US session, the market turned active; a new round of buying entered the market once the price cleared the downward resistance line(2). The price touched the...

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Gold was steady yesterday. The market opened at 1839. The price reached the day-high 1846 early in the Asian session, and it was bounded between 1835-40 throughout the rest of the trading day. While the price is now back trading in between the 1830-70(1) range, the price is under selling pressure by the downward trendline(2). Awaiting for the market to turn...

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Gold continued to trade in a narrow range yesterday. The market opened at 1836, and a tight 1833-40 range bounded the price throughout the Asian & European sessions. The range widened during the US session, where the price touched a new day-high 1843 and a new day-low at 1828 before the day ended around 1832. Gold is still under pressure from the downward...

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Gold gained further yesterday. The price was under pressure by the 250 days MA(1833) early in the Asian & European sessions after the day began at near 1832. The price consolidated toward 1814 before the US session, and the buying started to kick in once the US session became active. The price cleared the previous 1840(1) and surged to the day-high 1857 before the...

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Gold fell from the 1-month high yesterday. Carried the buying momentum from the previous session, the price jumped to a new high 1879 within the first hour of the market's opening. But, the climb failed to sustain. The price quickly fell back to its range of 1830-70, and the slide began. The selling accelerated after gold broke the 1850(1) support at the opening...

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Gold rebounded from the 1-month low yesterday. The day began at 1807, and the price has kept moving higher early in the Asian & European sessions. Gold reached the early high at the US session opening near 1836. Once the US Fed. announced the result, the price jumped to the day-high at 1841, with the day ending at 1832, up by USD 24. The market reaction wasn't...

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Gold touched a new one month-low yesterday. The day began at 1819. Like the day before, the price quickly rebounded from the early low of 1808 within the opening hour of the Asian session. It reached the day-high 1832 at the European session, and the selling has resumed. The price slid to the day-low at 1804 with the day ending at 1807, down by USD 11. Although...

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Gold remained in a tight range yesterday. The day began at 1840; the buying orders came into the market once the price had touched the day-low early in the Asian session. The price gradually climbed toward the day-high near 1855 before the day's end. The market ended up closed at 1851, up by USD 11. In the past 48 trading hours, the trading was bounded by a...

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Gold continued to pull back yesterday. The price traded in a tight range between 1850-56 early in the Asian and European sessions. The drop began once the price reached the day-high near 1857 at the US session opening. The price touched a day-low at 1840, with the day ending at 1841, down by USD 10. An S-T downward trendline(1) has formed since the price touched...

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Gold rallied from the one week-low yesterday. The market started at 1836; the price slowly sank toward the day-low 1828 throughout the Asian and European sessions. The rebound began once the US session became active, and the price jumped to the day-high near 1850, with the day ending at 1845. Gold escaped the triangle pattern(1) yesterday; the downtrend that...

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Gold remained in a tight range yesterday. The day began at 1852. The price first touched the day-high near 1863 early in the Asian session, then the consolidation started. The day finished at 1854, bounded in a USD 16 range. The price has entered a relatively tight range between 1840-70(2) since it left the uptrend channel(1). We can continue to take...

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Gold hit near 2-week low yesterday. The price has been bouncing around the 1850 level after the market opened at 1855, early in the Asian session. The drop began once the price touched the day-high at 1857 during the European trading. I cleared the recent support of 1840 late in the US session and fell to the day-low near 1835. The day ended at 1837, down by...