SAN FRANCISCO (MarketWatch) — Gold futures fell for a second session on Monday as investors shifted their attention to stocks. December gold /quotes/zigman/635641/delayed GCZ4 +0.25% shed 50 cents to settle at $1,310.50 an ounce on the Comex division of the New York Mercantile Exchange. The stock market extended gains as geopolitical risks eased and on dovish remarks from the Federal […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereSeptember Comex High Grade Copper futures consolidated for a second day on Friday, indicating impending volatility. Last week’s low at 3.1570 also held for a second day indicting that buyers may be coming in to defend a major retracement zone at $3.1525 to 3.1190.Daily September Comex […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAfter two days of consolidation inside a major retracement zone, December Comex Gold futures weakened on Monday. The significance of the move is that it identified the key area buyers will have to take out in order to put gold in a position to challenge the […]
* US stock markets surged on the open and held on to those gains through to the close, as once again geopolitics took a back seat to the news of better US corporate earnings.* European stock markets rebounded overnight, snapping a three session losing streak, as traders set aside their concerns over the downed Malaysian flight and the Ukraine and […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures closed lower on Friday after posting an inside move. This chart pattern tends to indicate investor indecision and impending volatility. This means traders should watch for an expanded range over the next couple of days.Daily August Comex GoldThe main trend turned down […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereSeptember Comex High Grade Copper futures finished the week sharply higher. The current rally looks spectacular on the daily chart, but one has to look at the weekly chart too to appreciate the power of this rally.From the week-ending February 1, 2013 top at 3.8525 to […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures straddled a key 50% level for the eighth consecutive day on Monday before surging to the upside. The move also took out a major long-term downtrending angle, presenting further evidence of strong buying. The rally is likely to continue as long as […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereAugust Comex Gold futures finished the week sharply higher and closed near its high, giving the market a slight upside bias. The only problem for the bullish traders is that the rally took gold into a major retracement zone. Weak longs may use this as […]
* U.S. stock markets were closed for a bank holiday.* European stocks continued their upward path, after rising for a sixth week and are trading at six year highs.* Asian stock markets edged higher, building on a second week of rises, but trading volumes were down.* Commodities prices higher, Gold prices held at $US1,292, while crude-oil held above $US104. Copper […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereJuly Comex High Grade Copper futures are trading slightly lower in the pre-market session. The high and low are inside the previous session’s range, suggesting trader indecision and impending volatility.Daily July Comex High Grade CopperThe main trend is down on the daily chart. The main […]
