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Gold Market Analysis, Sept 06, 2011
Gold broke high at 1913 and pinned new high at 1920 and fell strong after the news that SNB capped Franc. No matter that fluctuation intraday bias remains bullish for the moment. Trade above 1850 would be in favor for upward move. In that case gold... Read more ››
Gold Market Analysis, Sept 05, 2011
Gold is heading for a retest of the all time high at 1913 after sustained trading above 1816. Intraday remains bullish presently. Trade above minor support 1850 level should accumulate power for upward move. In that case Gold price should targe... Read more ››
Gold Market Analysis, Sept 02, 2011
Gold managed to positive break above the previous high at 1839 and now is trading above. Intraday bias is bullish presently. If Gold hold that 1839 it would signals that buyers are accumulating power for a test of the all time high. Only a break of t... Read more ››
Gold Market Analysis, Sept 01, 2011
Gold is in sideway consolidation after trading below 1839.33 high which cuts now path for new high. Intraday bias is neutral presently. Gold could not manage to break for second day in a row the 1839 level, and now it's facing minor resistance at tha... Read more ››
Gold Daily Analysis
Gold formed a new time high at 1913 and now is trading below it. We take into account the fact that MACD formed double top pattern and we think that Gold formed a short term high. Intraday bias is neutral presently. Break of the high will send the go... Read more ››