Price of Gold - Overbought area but holding
Gold finally broke out of it’s nearly four week trading range and managed to move above initial resistance around 778 and is currently stopped near ... and trading coach, he is a noted expert on Market Structure, Elliott Wave and Fibonacci. He trades the forex market. [more...]
Date: 2008-11-27 13:05:17
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Troy Resources headsup: this could be the day to buy
Last night's action is not included in the TRY.ax line. Let's see how things progress (after all, gold just popped $15) ... the current forex calculation is factored in (C$1=A$1.18), this points to a Canadian dollar price of C$0.85. The Canadian stock does tend to trade slightly above the Australian, so perhaps a price of $0.88 [more...]
Date: 2009-01-08 14:38:00
Gold Investments Market Update - Savers Trusting Gold More Than Banks and Governments
Gold fell sharply yesterday on lower oil prices and the recently surging dollar, despite unprecedented physical demand for coins and bars in the UK, ... trading in futures, CFDs and spread betting is an extremely high risk endeavour in the current markets [more...]
Date: 2008-10-03 13:18:36
Some rumblings on Gold prices
I'm not a Gold trader, I have never traded any Gold contracts in my entire life.However, I do cast a glance from time to time at Gold prices as part of my personal monitoring of the global financial markets. I also noted that a few of the chatters in the chatbox have long positions on Gold, and was previously (and currently?) very bullish on Gold [more...]
Date: 2008-12-07 09:33:00
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