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Gold Futures Surge Higher 15 Sep 2010

December gold futures on Globex surged higher yesterday ending the gold trading session as a wide spread up candle and finally breaking above the high of $1270 per ounce set back in late June for the precious metal.  This breakout has been widely anticipated (not...

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Gold Futures Still Positive 13 Sep 2010

The December gold futures contract failed to break the $1270 high of June and ended Friday’s gold trading session as a long leg doji candle, following Wednesday’s shooting star and subsequent down candle of Thursday.  Friday’s candle provides a positive signal for gold bulls, suggesting...

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Gold Futures Market 2 Sep 2010

The bullish trend for gold futures continues apace and even yesterday’s minor hiccup has failed to dent the rally with the December gold futures contract continuing its recent momentum to trade at $1253.3 per ounce at the time of writing.  This upwards trend is firmly...

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Gold Futures Market 1 Sep 2010

September gold futures continue to develop the bullish trend of the last few weeks with yesterday’s wide spread up candle pushing ever closer to a break out into new high ground for the precious metal.  This morning’s open on Globex hinted at a possible attempt...

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Gold Futures Market 26 Aug 2010

September gold futures continued their recent strong performance closing yesterday’s gold trading session once again as a wide spread up bar, which briefly touched the $1240 per ounce price point, before closing marginally lower.  This price action followed followed Tuesday’s strong trading signal where the...

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