According to the Chinese Gold & Silver Exchange Society, demand for gold in mainland China may soon touch or even exceed records after financial-market rout and the yuan devaluation bolstered the metal's attractiveness...
The yellow metal’s rebound over the past few months has been slippery at times, with the most recent obstacle a stronger U.S. dollar, UBS says. However, the bank has noticed some encouraging aspects about gold's recovery...
As markets are still guessing when the Federal Reserve will begin hiking borrowing costs, one analyst says it is important to concentrate upon the central bank's policy decisions to figure out the precious metal's direction in general and gold in particular...
Weekly price is on bearish ranging within 1191.48 key resistance and 1077.19 key support levels: symmetric pattern was formed by price to be broken for direction; nearest support levels to be broken are 1098.68 and 1077.19; nearest resistance levels are 1191.48 (W1) and 1285.57 (W1). Resistance...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA with the ranging between 17.75 resistance level and 13.96 support level: the price is bouncing off 16.18 resistance for the 13.96 support as the next bearish target; nearest support levels are 14.26 and 13...
On Thursday copper futures edged higher, one day after falling to a two-week low on the back of lingering concerns over future demand growth from top raw materials consumer China...
The price is located below Ichimoku cloud for the primary bearish market condition with the secondary ranging within the following key support/resistance levels: 23.06 resistance located below Ichimoku cloud on the border between the primary bearish and the primary bullish on the chart...
Sentiment on gold seems to be downbeat these days with the metal struggling for direction after fresh U.S. housing data, and an LBMA six-time forecasting winner says he expects the price to trend lower in 2016...
The price is located below Ichimoku cloud for the primary bearish market condition with the secondary ranging within the following key support/resistance levels: 1285.57 resistance located below Ichimoku cloud in the primary bearish area of the chart...
On Tuesday gold futures were little changed, after data indicated the number of housing starts issued in the U.S. rose more than expected in September, while building permits fell more than forecast, providing a blurred picture of the economy and adding to uncertainty over the timing of a U.S...
Gold futures were slightly higher on Tuesday as market players awaited reports on the U.S housing sector later in the day for further hints on the strength of the economy and the future path of interest rates...
In September, bloggers from The Short Side of Long have predicted a double bottom for global equities, as well as a decently high probability that gold might recover further. Today their thinking seems to be on track, as the sector has seen decent gains over the last two weeks...
HSBC urges investors to once again favor platinum as they become “reacquainted” with the role of the metal in auto catalysts, as soon as short-term worries about demand for diesel automobiles fade...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition. The bear market rally was started in the middle of last month: the price broke 1170.06 key resistance level on open weekly bar for the rally to be continuing. If the price breaks 1232...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition. Price is ranging between the following key support/resistance levels: 13.96 key support level located far below 100-SMA/200-SMA in the primary bearish area of the chart, and 17...
Gold prices hit a 3.5-month high on Wednesday jumping to major technical resistance levels. One veteran precious metals analyst interviewed by Kitco News says the uptrend may continue, but the upside is limited...
Ichimoku analysis. Weekly price is on bearish market condition for the ranging within 1077.19 key support level and 1170.06 key resistance level. Chinkou Span line is located below the price for the ranging bearish condition by direction. If the price breaks 1170...
