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Gold – Continues to Consolidate Below $1100

Gold – Monday 3 August 2015 Over the last six weeks or so, gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 a couple of weeks ago. It fell in a 24 hour period through the $1100 level down to the multi-year low […]

Gold – Drifts Below $1090

Gold – Friday 31 July 2015 Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last week gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back up […]

Gold – Remains Motionless Below $1100

Gold – Thursday 30 July 2015 Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last week gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back up […]

Gold – Continues to Consolidate Around $1095

Gold – Wednesday 29 July 2015 Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last week gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back up […]

Top Trade Idea for July 28th, 2015 –XAU/USD

Gold is trading at new lows, currently around the trendline connected from the start of 2014 where support can be found, especially if we consider the shape of an ending diagonal placed in fifth wave. That’s a very important reversal pattern that suggests a bounce in the second part of 2015 and maybe very strong […]

Gold – Continues to Consolidate Below $1100

Gold – Tuesday 28 July 2015 Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last week gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back up […]

Gold – Trading in a Narrow Range Below $1100

Gold – Monday 27 July 2015 Throughout the last month gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier last week. Earlier last week gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back up […]

Gold – Meeting Resistance at $1100

Gold – Friday 24 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier this week. Several days ago gold fell sharply through the $1100 level down to the multi-year low near $1070 before rallying back […]

Gold – Settles Near Five Year Low Below $1100

Gold – Thursday 23 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new five year low below $1100 earlier this week. Several days ago gold fell sharply through the $1100 level down to the multi-year low near $117 before rallying back […]

Gold Rout Gets Week off to an Interesting Start

It’s been a quiet start to the week in the Asian session, with the bank holiday in Japan significantly hitting trading volumes. Although, there has been some interesting moves elsewhere, particularly in Gold which fell to a more than five year low and was down more than 5.5% at one stage. Gold saw an enormous […]

Gold – Finds Support After Touching Five Year Low

Gold has looked quite bearish for some time now and today it has broken through another support – $1,142.73, 17 March lows – having failed at the first two times of asking. The next key support level lies around $1,131.50, a break of which would see Gold trading at its lowest level since 19 April […]

Gold – Threatens to Remain Below Key $1150 Level

Gold – Thursday 16 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new four month low below $1150 in recent hours. Throughout last week it has enjoyed solid support from the $1150 level which stopped the sharp falls and allowed it […]

Gold – Continues to Enjoy Support from $1150

Gold – Wednesday 15 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new three month low below $1150 last week. It has however enjoyed some solid support from the $1150 level throughout last week which stopped the sharp falls for the […]

Gold – Support at $1150 Standing Tall

Gold – Tuesday 14 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new three month low below $1150 last week. It has however enjoyed some solid support from the $1150 level throughout last week which stopped the sharp falls for the […]

Gold – Steadies Above $1160 Thanks to Support from $1150

Gold – Monday 13 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new three month low below $1150 last week. It has however enjoyed some solid support from the $1150 level throughout last week which stopped the sharp falls for the […]

Gold – Steadies Around $1160 on Support from $1150

Gold – Friday 10 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new three month low below $1150. It has however enjoyed some solid support from the $1150 level in the last few days which has stopped the sharp falls for […]

Gold – Key Support Level at $1150 Stands Tall

Gold – Thursday 9 July 2015 Throughout the last few weeks gold has steadily declined and fallen from above the key $1200 level back to a new three month low below $1150. It has however enjoyed some solid support from the $1150 level in the last couple of days which has stopped the sharp falls […]

Gold – Drops to Key Support Level at $1150

Gold – Wednesday 8 July 2015 Throughout the last couple of weeks gold has steadily declined and fallen from above the key $1200 level back to below $1160 and a three month low. In the last 24 hours however, the decline was marked with a strong fall down to the key support level at $1150 […]

Gold – Remains Content Around $1170

Gold – Tuesday 7 July 2015 Throughout the last couple of weeks gold has steadily declined and fallen from above the key $1200 level back to below $1160 and a three month low. To close out last week and start this new week it has been able to rally against the medium term down trend […]

Gold – Rallies Against Medium Term Down Trend

Gold – Monday 6 July 2015 Throughout the last couple of weeks gold has steadily declined and fallen from above the key $1200 level back to below $1160 and a three month low. To close out last week and start this new week it has been able to rally against the medium term down trend […]

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