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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...

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Gold futures continue bullish trend

December gold futures bounced back on Friday, closing the futures trading session with a narrow spread up candle with the commodity briefly touching $1350.80 per ounce, before closing marginally lower at $1347.90 per ounce on the day. Despite Thursday’s volatile price action, and subsequent pullback,...

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Gold futures – bull trend continues

December gold futures moved higher once again on Friday, ending the week with a narrow spread up candle which breached the $1300 per ounce price level during the day, only to pull back and closed marginally below this psychological level, at $1299 per ounce. The...

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