Gold Technical Analysis – 6th May 2013 – XAUUSD Update XAUUSD has seen further consolidation around the  1440 – 1490 zone but ultimately closed last week near the top of the recent trading range, and above the W1 200 SMA.  Gold has rallied almost 5% over the previous two weeks. However, we note that pr… [gold analysis]

S&P500 Technical Analysis Update – Bearish Outside Day Within Ascending Channel The benchmark S&P500 index has printed a bearish outside day, after taking out the previous 1592 area swing high and subsequently failing to push higher. The daily timeframe chart below shows that price is moving within a longer … [gold analysis]

Gold Technical Analysis – 26th April – XAUUSD Chart Update The price of gold moved to a multi-session high on Thursday, as the precious metal has pulled back over half of the month’s near-record decline. Gold is heading for the biggest weekly increase since October 2011, unless there is a swift trend cha… [gold analysis]

Gold Technical Analysis – Week Of 15th – 19th April XAUUSD has seen a breakout under the longer term gold $1530 area support level and a continuation of the move lower heading into this new week. Gold dropped $84 per ounce on Friday with an associated 5.38% decline. This $1530 area also represented the 23.6… [gold analysis]

Gold Technical Analysis – March 20th – XAUUSD – 20/3/13 Our previous update highlighted the breakout of recent gold range consolidation highs around the $1585 area.  Price is now trading around the 1611 mark after an extended move higher. Gold is currently trading at a +1.26% daily gain on the 20/3/13. T… [gold analysis]

Gold Technical Analysis – March 13th – XAUUSD Gold Analysis, 13/3/13, Forex-FX-4X.com Gold has rallied today, to the 61.8% Fibonacci retrace area of the last leg lower from $1619.78 – $1561.44. This came after a breakout of the recent range consolidation highs around the $1585 area.   XAUUSD has found interi… [gold analysis]

Gold Analysis – March 11th-15th – Weekly Technical Update Gold (XAUUSD) continues to move in a consolidation phase and has covered just 55% of the AWR over the prior week. Price is oscillating around the 1580 area, roughly aligned with where it started the past week, and still trading above key 1530 area pre… [gold analysis]

Gold Technical Analysis – March 1st 2013 – Outlook The price of gold has just experienced the worst monthly basis decline since May 2012.   The XAUUSD instrument has dropped for a third consecutive day during trading in London on March 1st, already covering 110% of the average daily range over 60-days a… [gold analysis]