Gold – how low can it go?
With so much focus on the price of gold and a myriad of conflicting views and analysis, I thought it would be interesting to step […]
Gold
Does anyone want to buy gold right now?
Nobody wants gold – well not at this price anyway, and given the current technical picture, gold seems to have lost its appeal, both as […]
Gold market analysis on the daily chart
Having written about the silver market yesterday, I thought it was time to add my analysis for gold, and in particular consider the longer term technical […]
Price prediction for gold as market looks weak
Another bad day at the office for gold bugs on Friday, as August gold futures contract ended the week with a wide spread down candle, […]
Dollar weakness fails to help gold move higher
The daily gold chart for August gold futures, neatly summarizes the curious confluence of market forces which have been thrown seriously out of kilter recently […]
Gold price now at key level on the daily chart
Following a highly emotional trading week, markets have resumed this morning on a positive tone after the extended holiday in both the US and the […]
Now three books on Amazon (and another two coming soon!) – grab yourself a copy at these launch prices!
And NOW in paperback too – order your copy TODAY! Here’s what people have been saying on Amazon, after buying the Kindle version: A Fantastic […]
Gold futures on the 5 minute chart – a different perspective!
A very short post just to round off the week, with the June GC gold futures contract on the five minute chart. I normally post […]
Recovery in gold price looking weak
With the price of gold having staged a modest recovery last week, the question everyone is asking is whether this is simply a reaction to […]
Gold and silver in the eye of the storm
” Does the Flap of a Butterfly’s Wings in Brazil Set Off a Tornado in Texas” comes from Chaos Theory to describe how tiny variations […]
Gold now testing key support levels again at $1555 per ounce
The sorry state of affairs for gold bugs continued once again yesterday, with the June gold futures contract ending the electronic session with a wide […]
Perfect hammer candle and volume signalled Friday’s positive day for gold!
June gold futures staged a modest recovery on Friday, ending the day with a wide spread up candle and closing the week at $1575.90 per […]
Alarm bells ringing for gold bugs!
With commodities in general taking a hammering in the markets at the moment, neither silver or gold have escaped. In the last two days, the […]
The mad world of the US dollar
For those of you reading this, and old enough to remember, there was a comedy film many years ago with Spencer Tracy in the lead. […]
Gold bugs hoping for some Spring sunshine
Gold continued to trade in a narrow range once again yesterday, with the April gold futures contract closing marginally lower and ending the gold trading […]
Gold now building rising triangle pattern on the daily chart
Gold continued to ease higher once again yesterday, with May gold futures on Globex closing at $1613.80 per ounce, up just over $8 per ounce […]
Gold futures breaking above $1600 per ounce in early trading
April gold futures have picked up the bullish tone which began to develop towards the end of last week, helped by the news from Cyprus. […]
Gold futures remain bearish despite modest gains yesterday
Gold bugs finally had something to cheer about today as April gold futures finally awoke from their recent slumbers, trading higher in today’s session, and […]