Posts Tagged ‘traders-were’

Today’s Gold session covered a fairly quiet $9.90 range as traders were sidelined awaiting tomorrows Unemployment Data… Today’s Initial Jobless Claims dropped by 6,000 – 472,000. Legislators and Investors alike will be monitoring tomorrows data due out at 7:30 am (CST). The trend continued as the Asian sector once again were active buyers (in the Full story

Today’s Gold session traded a technical $12.50 range. It appeared that traders were a tentative around the $1255.00 plus levels and took some profits prior to the economic data due out tomorrow morning. Gold traders are also concerned about the possibility of a strike by the National Union of Mineworkers in South Africa. Full story

Today’s Globex Gold traded a vast $22.00 range today as traders were uncertain of the intentions from the FOMC two day meetings. The FOMC has decided to leave rates unchanged for a extended period Full story