International Business Times

XAU/USD Weekly Technical Analysis

GOLD: Bear Threat Remains In Force

Unless GOLD triggers a corrective recovery following its flat close the past week, our broader bias remains to the downside. Support lies at its December 2012 low at 1,625 level.

By Mohammed Isah | Jan 07, 2013 | FX Tech Strategy

GOLD: Bearish Momentum Remains Intact

With the commodity remaining vulnerable and bearish, it faces further declines in the new week. It now targets the 1,640.45 level with a cut through there allowing for a push further lower towards the 1,600.00 level. A respite is likely to occur here and turn the commodity higher. Its weekly RSI is bearish and pointing lower supporting this view.

By Mohammed Isah | Dec 24, 2012 | FX Tech Strategy

GOLD: Weakens, Vulnerable

GOLD continues to look vulnerable to the downside on correction. This leaves the commodity targeting the 1,678/2 levels on further declines where a breach will set the stage for further weakness towards the 1,640.45 level. A cut through here will allow for a push further lower towards the 1,600.00 level. A respite is likely to occur here and turn the commodity higher.

By Mohammed Isah | Dec 10, 2012 | FX Tech Strategy

GOLD: Under Bear Pressure, Sets Up For More Downside

Although GOLD continues to hold on to its broader medium term uptrend, further downside pressure could be building up. This is coming on the back of a reversal of its previous week gains at the end of the week. Support lies at 1,672 level where a break will target the 1,640.45 level. A cut through here will allow for more declines towards the 1,600.00 level.

By Mohammed Isah | Dec 03, 2012 | FX Tech Strategy

GOLD: Set To Extend Its Bullishness

Outlook for GOLD remains higher as it extended its upside offensive the past week. This development leaves the commodity targeting the 1,774 level where a violation will call for a run at the 1,795 level. A violation of here will resume its medium term uptrend towards the 1,827.85 level. Further out, resistance comes in at the 1.850 level.

By Mohammed Isah | Nov 26, 2012 | FX Tech Strategy

The Week Ahead

Highlights: - Greece's day of reckoning is only the start - Further JPY-weakness may be in store - Light US data may see risk rally stall

By Brian Dolan | Feb 18, 2012 | Forex.com

ProSticks Daily Forex Technical Forecast

Euro resumed its down trend again as market is getting sick of the bailout.

Sep 29, 2011 | IBTimes

Autochartist - Weekly Commodities Update: Gold

Much of the commodities complex experienced its biggest sell-off so far this year during last week's fund liquidation of large positions in energy, precious metals, and grains, as the US Dollar recovered sharply in what appears to be a short term bear market rally.

By Jonah S. Ford | May 09, 2011 | Autochartist

Trading Forecast Gold

Gold closed lower on Tuesday and the mid-range close sets the stage for a steady opening on Wednesday.

May 05, 2011 | HY Markets

Autochartist - Weekly Commodities Update: Gold

The $1,500 per ounce barrier was broken in the gold market last week for the first time ever, as the US Dollar extended losses against the Euro and other major trading partners, and crude oil remained in a firm uptrend. The ominous outlook for price inflation coupled with no end in sight for the central bank intentions to keep printing money to maintain the global stimulus effort.

By Jonah S. Ford | Apr 25, 2011 | Autochartist

Weekly Gold and Silver Report

This week produced a very choppy and volatile $29.50 range as world geo-political tensions as well global economic data had traders and investors alike scrambling to adjust their trading positions accordingly. The North African and middle-east chaos has been fueling the dramatic price rise in Crude Oil futures.

By Mike Daly | Apr 02, 2011 | PFG Best

Weekly Gold and Silver Report

This week Gold traded another new all-time high ($1448.60) as once again high Crude Oil prices helped to fuel this week's rally. As the north African and middle-east geo-political chaos continue to offer global uncertainty it has become apparent that investors are still choosing the precious metals as their "safe haven' investment choice.

By Mike Daly | Mar 26, 2011 | PFG Best

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