Gold Prices Stabilize Near $1130
January 7, 2010 7:44 pm by Anton EljwizatGold slipped on Thursday after reaching a three-week high above $1,140 per ounce the previous day, weighed down by investors' caution ahead of U.S. non-farm payrolls data for December due later this week. Economic indicators suggest the U.S. economy is ...
Gold Down on Strengthening Dollar
December 22, 2009 12:05 pm by Anton EljwizatGold is now trading nearly 11% below record highs hit earlier in the month. Gold has made a significant downward correction, which can be directly correlated with the bearish trend of the EUR/USD cross. Analysts said gold could test lows ...
Gold Prices Expected to Rebound
December 16, 2009 1:56 pm by Anton EljwizatGold was pulled both ways yesterday due to the dollar's strength and inflation fears. The stronger dollar pressured gold while that was countered by inflation fears ignited by an unexpected jump in producer prices and rallying oil prices. This recent ...
Is Gold Entering a Trend Reversal?
December 10, 2009 3:25 pm by Anton EljwizatGold slid to as low as $1121.30 an ounce early today, which is largely owed to the USD’s gains vs. the EUR in early trading. In the past week, Gold has made a significant downward correction, which can be directly ...
Gold Hits $1215 Level
December 2, 2009 4:16 pm by Anton EljwizatGold climbed to a record high at $1,215 on Wednesday as a weakening dollar boosted demand for the commodity as an alternative investment. As I will demonstrate below, the price of gold may very well be heading for a reversal. ...
Silver Reversal in the Works
November 27, 2009 1:21 pm by Anton EljwizatIn today’s trading, the silver experienced much bearishness. However, as I will illustrate below the 4-hour chart’s oscillators support a bullish reversal for today. This might be a good opportunity for forex traders to enter the trend at a very ...
Gold Trading as a Promising Future Endeavor
November 20, 2009 12:22 pm by Anton EljwizatIn order to better assist in any future trading at ForexYard, the following is a brief analysis of gold and its recent ascent in the commodities market. After recently reaching a record high of $1,150 per ounce, gold continues ...
Gold Prices Stabilize Near $1,130
November 17, 2009 5:35 pm by Anton EljwizatGold touched a fresh high above $1,140 an ounce in Europe on Monday momentum from recent gains and a slide in the dollar index sparked fund buying of the precious metal. However, as I will demonstrate below, Gold may very ...
Gold Drops Below $1,040
October 27, 2009 3:43 pm by Anton EljwizatGold prices dropped below $1,040 per ounce on Tuesday, after falling the previous day by more than 1% on a jump in the dollar from a 14-month low versus the EUR. However, I will illustrate below that the gold may ...
Gold Prices Stabilize Near $1,060
October 22, 2009 11:34 pm by Anton EljwizatThe USD witnessed a steady depreciation against most of its major currency counterparts during the afternoon trading session.
