Home » Archive by category "Gold futures trading"

Gold futures forecast

December gold futures closed firmly higher on Friday, ending with a wide spread up candle which broke and held above the key $1400 per ounce level once again, and closing up $25.30 per ounce on the day at $1413.80 per ounce. Friday’s price action was...

Continue reading »

Gold futures chart – analysis 16th November 2010

December gold futures staged a minor recovery in yesterday’s gold trading session, following the dramatic fall in gold prices on Friday, triggered by market nervousness after fundamental data from China gave a clear signal that the economy is over heating, as it comes under increasing...

Continue reading »

Gold futures chart – 15th November 2010

The commodity markets were surprised on Friday, as fundamental news from China signalled a possible rise in interest rates and the potential for a consequent drop in demand for metals, energy and soft commodities in the grains complex, as gold led the way with a...

Continue reading »

Gold Futures Prices 21 Oct 2010

December gold futures traded with a heavy tone today and, at time of writing, were $19 per ounce lower at $1325.20, having reached an intra day high of $1349.60. ¬†From a technical perspective the move lower today was signalled in yesterday’s gold futures trading session...

Continue reading »

Gold future prices – 20th October 2010

The party finally came to an end last night, as December gold futures closed sharply lower, ending the CME futures trading session with a wide spread down candle which broke below both the 9 and 14 day moving averages at $1334 per ounce on the...

Continue reading »