Posts Tagged ‘the-downside’

Ouch, that hurts. I could see a negative move in the works but I don’t think anyone expected a plunge like this past week. Friday upside move was very unimpressive so, although we might get a bounce here, the downside still looks like the direction... Full story

Thursday's BullionVault London Gold Market Report sees gold drifting to test $1500 on the downside and silver continuing its drastic fall. Full story

The JSE board at Sandton, Johannesburg. Photo: Leon Nicholas The JSE opened slightly lower on Wednesday, with BHP Billiton (BIL) leading on the downside after releasing its interim financial results. Only gold counters were in positive territory. Full story

As I mentioned in my closing comments in this column yesterday, it would be interesting to see if the 50-day moving average in gold… and the 200-day moving average in silver got taken out to the downside on Tuesday.  Well, they broke through both, but it was only by an eyelash  in each metal. From these New Full story

The independent investor said as long as gold in euro terms remains above its 100-day moving average he will hold to the trade but if it breaches to the downside he will abandon ship Full story

Today’s Gold traded another volatile and wide range ($15.70) as the market is in search of some market moving fundamentals to give traders direction. The gold market has been locked in a technical trading range between $1185.00 and $1220. The market needssome momentum either to the upside or the downside Full story

Gold is testing $1 100 again a level which had held on both Wednesday and Friday last week. Full story

FXstreet.com (Córdoba) – Gold prices are falling sharply on a stronger Dollar. The yellow metal tumbled from $1,135 to 1,107 reaching the lowest price since January 4, the first trading day of 2010. To the downside support could be located at $1,100 Full story