Commodity Trade Mantra

Posts Tagged ‘Gold Contract’

Gold Prices On Another Retreat Post FOMC

Prior to the FOMC announcement it briefly looked like gold may be about to break above resistance, but it was not to be. As a result, there is still no conclusive signal as to the direction of next major intermediate term move.

Gold and Gold Stocks – The Tackling of Resistance

After several previous attempts that fell just a little bit short, gold finally managed a close above the 1340-1350 level – It is perhaps not a significant enough break yet, but it is encouraging that the $1350 level has not rejected gold this time around.

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