Divergence Signals Sell for Spot Gold
July 29, 2010 2:55 pm by Russell GlaserA sharp price decline of 8% in the price of spot gold over the past month may have created a short term buying opportunity in the commodity, but divergence on the weekly chart shows a sign that the long term ...
Gold Prices Arrive at Decision Point
July 26, 2010 1:49 pm by Russell GlaserSpot gold prices continue to fall as risk appetite grows and traders seek out assets with higher yields. The commodity is approaching significant technical resistance in the long term trend.
Buying Opportunity on Pullback of Spot Gold Prices
July 20, 2010 8:02 pm by Russell GlaserSpot gold prices came off of their lowest level since the middle of May as buyers took the opportunity to enter the market at a relatively attractive price following a pull back in spot gold trading.
Spot Gold Technicals Showing Sell Signals
July 1, 2010 7:31 pm by Russell GlaserSpot gold prices have come off of their record high and continue to show more bearish signals. Momentum for the bullish trend appears to be wavering as a strengthening euro adds to the bearish prospects in gold prices.
Gold Prices Come Off All-Time High but Bullish Trend Looks to Continue
June 15, 2010 3:21 pm by Russell GlaserSpot gold prices have fallen from their all-time high as the euro and global equities have staged a small comeback on positive economic data from the U.S., Europe, and China. However, this doesn't appear to be enough to derail the ...
Spot Gold Prices Fall from Record High
June 10, 2010 2:41 pm by Russell GlaserSpot gold prices fell from their record high following rising Chinese exports and positive comments from Fed Chairman Ben Bernanke. This helped to reduce the level of risk aversion in yesterdays trading as traders bought riskier assets, shunning safe-haven assets ...
Doji Candlestick Signals Change in the Trend for Spot Gold
June 9, 2010 11:47 am by Russell GlaserThe price of spot gold rose to a new record high as the bullish streak in the commodity continues. However, the commodity was unable to hold the gains through the New York trading session and a possible reversal pattern has ...
Spot Gold Prices Continue to Drop as Equities Gain
June 3, 2010 2:46 pm by Russell GlaserThe price of spot gold has fallen the past two days as a rise in risk taking has boosted riskier assets such as equities and higher yielding currencies. Better than expected U.S. pending home sales have increased traders risk appetite ...
Spot Gold Support and Resistance Lines
May 14, 2010 11:40 am by Russell GlaserGold prices retreated from their all time high, but yesterday's pull back in the price was limited due to the price running into a significant support level.
