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1168.89 3.83 (0.33%)
16:58:59 (GMT)
Bid 1168.29
Ask 1169.49
Open 1165.06
High 1170.04
Low 1165.03
 

Daily Technical Analysis

August Comex Gold futures closed higher on Friday. The move may have been fueled by position-squaring ahead of the Greek bailout vote, or profit-taking due to oversold technical conditions. In the referendum, Greeks will be asked to decide whether to...
Gold markets had a slightly positive session on Friday, but if we can break above the 1170 level, we feel that breaking the top of that hammer from Thursday sends this market looking for the 1190 handle. We think that...
August Comex Gold futures are trading higher shortly before the regular session opening. Today is a shortened session because of the U.S. Independence Day holiday. The main trend is down on the daily swing chart. The trend turned down when...
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Weekly Technical Analysis

Gold markets fell during the bulk of the week, but found enough support near the 1160 level to turn things back around and form a relatively supportive candle. The Friday candle was a slightly positive one after a hammer on...
Another bounce effort, but only after a failure back from ahead of 1183 (from 1178) to push down through the 1168/67 area for a still negative bias Wednesday. Although still within the broader range, we see risk this week of a bear shift below...
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Daily Fundamental Analysis

Analysis and Recommendations: Gold fell $4.50 to 1163.30 heading lower now that the Greek elections were behind the markets. Most of the worry and stress remained at the same level as before as Greek leaders and the Eurozone continued to...
Analysis and Recommendations: Gold continued in the green today, but would not be considered a rally, traders seem to be just taking advantage of low prices to buy up the metal as they hedge bets before Sunday’s Greek referendum vote...
Analysis and Recommendations: Gold continued to ease falling $4.60 today as traders paid little attention to Greece. Gold is trading at 1164.70. Silver added 16 points to reach 15.593 and Platinum dipped $7.55 to 1080.85 as the metals diverged and...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations: Gold added a bit on Friday...
Weekly Analysis and Recommendations: Gold added $3 on Friday as...
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More Gold Report

 
Two big stories hit over the week-end, Greece’s citizens rejected its international creditor’s terms and China took emergency action to support its stock markets. The results of Greece’s referendum could bring to an end its membership in the Euro Zone. The EUR/USD plunged on the opening after...
Gold traders have shown remarkable disinterest in the events in Greece over the weekend. Gold is trading down just 10 cents in the morning session falling to 1167.70. Silver dipped 77 points to trade at 15.578 while platinum tumbled $6.35 to reach 1077.70 as the spread between...
Currency and commodity markets were mixed on Friday due to the early close for the U.S. Independence Day holiday. Most of the major players were on the sidelines ahead of Greece’s July 5 referendum. Uncertainty and the lack of resolution are raising investor concerns. According to a...