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1206.12 -0.24 (-0.02%)
1:15:26 (GMT)
Bid 1205.52
Ask 1206.72
Open 1206.36
High 1206.52
Low 1204.93
 

Daily Technical Analysis

August Comex Gold futures finished lower on Friday after selling off from an early session rally. A sharp rise in the U.S. Dollar fueled the selling pressure. The catalyst was a stronger-than-expected U.S. consumer inflation report. Trading could be limited...
Gold markets initially rose during the session on Friday but found enough resistance above the $1210 level to form a fairly negative looking shooting star. The shooting star sits right on top of the $1200 level, and as a result...
Gold markets fell during the day on Thursday, testing the $1200 level again. This is an area that continues to be supportive, and as a result we believe that the market is trying to find its footing in order to...
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Weekly Technical Analysis

Gold markets fell during the course of the week, testing the $1200 level again. Because of this, we feel that the markets probably going to grind around in this area, and we are not ready to make any longer-term trades...
The gold markets broke higher during the course of the week, clearing the $1220 level. This was the top of the shorter-term consolidation, so we feel that this market is going to continue to go higher, probably heading to the...
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Daily Fundamental Analysis

Analysis and Recommendations: Gold is flat today as traders show little interest. Gold is trading at 1203.90 moving between gains and losses as the US dollar continues to rally. Silver dipped 34 points against the strong greenback to trade at...
Analysis and Recommendations: Gold remained flat today at 1205.60 after gaining in the early session but reversed gains after the release of positive US data and the climb of the US dollar. Silver dipped 7 points to 17.125 and Platinum...
Analysis and Recommendations: Gold traded at 1208.90 with little direction or conviction today. Silver gained 65 points to 1717.90 and Platinum moved following cues from gold to hold at 1157.75. Gold held above $1,200 an ounce on Thursday as minutes...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations: Gold ended the week at 1205.70...
Weekly Analysis and Recommendations: Gold ended the week at 1223.60...
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More Gold Report

 
The EUR/USD and GBP/USD posted losses on Monday in a lightly traded session. Losses were limited, however, because many of the major players took the day off because of bank holidays in Europe, the U.K. and the U.S. Helping to pressure the Euro and British Pound was...
Gold opened the week flat with little volume and with little conviction. The yellow metal is trading at 1205.20 showing very little activity. Silver was a bit more active but again with little conviction the white metal gained 27 points to trade at 17.078 and platinum was...
A strong rebound rally by the U.S. Dollar helped drive down foreign currencies and commodities on Friday. The catalyst behind the move was stronger-than-expected U.S. consumer inflation data. Traders may have also taken advantage of thin trading conditions ahead of Monday’s U.S. Memorial Day holiday. An early...