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Gold Support at $1280 an Ounce

November 23, 2010 10:36 am by Anton Eljwizat

The price of gold has been rising steadily for the past several months with what appears to be no end in sight, and has been range-trading widely between $1280 and $1400 these past few weeks. The expectation among many analysts ...

Gold Prices Set to Decrease

November 3, 2010 6:21 pm by Anton Eljwizat

Gold prices rose significantly in the last three months and peaked at $1352.60 per barrel. However, the weekly chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities ...

Gold Hits Record High

October 15, 2010 9:46 am by Anton Eljwizat

Gold prices rose significantly in the last two months and peaked at $1381.50 an ounce. However, the 8-hour chart is suggesting that the recent up trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities ...

Gold Hits Record High

October 1, 2010 10:22 am by Anton Eljwizat

Gold hit a record high of $1,315 an ounce this week, extending a two-week rally of fresh records on concerns over an economic recovery. Gold has made a significant upward correction, which can be directly correlated with the bullish trend ...

Gold Hits near $1295 Level

September 24, 2010 10:14 am by Anton Eljwizat

Gold prices rose significantly in the last two months and peaked at $1293 an ounce. However, the daily chart is suggesting that the recent up trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities ...

Impeding Bearishness for Gold

August 20, 2010 8:44 am by Anton Eljwizat

Gold prices rose significantly in the last three weeks and peaked at $1237 an ounce. However, the daily chart is suggesting that a recent upwards trend is losing steam and a bearish correction is impending. Forex traders involved with commodities ...

Gold Prices Fall Below $1205

June 4, 2010 11:32 am by Anton Eljwizat

Gold slide as low as $1201 an ounce early today, which is largely owned to the USD's gains vs. the EUR. Yesterday, Gold has made a significant downward correction, which can be directly correlated with the bearish trend of the ...

Gold Prices Hit All-Time High

May 12, 2010 11:04 am by Anton Eljwizat

Gold prices hit a fresh all-time high of $1235 an ounce, up almost 26% since the beginning of the year. Gold is in a unique spot right now considering its status as a safe haven along with its negative correlation ...

Gold Declines on Firmer Dollar

March 25, 2010 10:45 pm by Anton Eljwizat

Gold slide as low as 1085 an ounce early today, which is largely owned to the USD's gains vs. the EUR. In the past week, Gold has made a significant downward correction, which can be directly correlated with the bearish ...

Gold Hits $1125 Level

March 18, 2010 10:34 pm by Anton Eljwizat

Gold rose slightly today after having gained more than 1% on Tuesday as a US Federal Reserve decision to hold interest rates unchanged burnished the metal's investment appeal.