Tags: gold technical analysis
Gold Falls Out of the Cradle (Triangle)
February 17th, 2013
in gold
Gold Analysis – Gold Falls Under $1,600 For First Time In Six Monthsby Nick Simpson, Forex-FX-4X The price of gold has fallen under the $1,600 per oz level for the first time in six months as the precious metal appears to be without a clear driver to… more »
Gold Technical Analysis – Outlook February 11th 2013
February 12th, 2013
in gold, syndication
The D1 (fig 1) XAUUSD chart below shows the range-bound trading has continued through the end of last week. The failure to reclaim $1,700-per-ounce by the gold bulls has seen a flat market with no clear near term directional bias.Any sustained break… more »
Gold Bounced Off Resistance Thursday 12 July 2012
July 15th, 2012
in gold
by Nick Simpson, Forex fx4x Gold (XAUUSD) found support on the 12th July at the ascending trend line level we have been monitoring this past week. Price on the daily chart (as shown below) is now near to closing out the day as a doji candle or simila… more »
