Fx N' Gold

Gold Signals 13 Jan 2010

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Pair Trend Entry Stop Lost Target Status
Gold
x.xxxx
x.xxxx
x.xxxx
x.xxxx
1129.08
1115.00
1145.00
Closed

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Last Updated ( Thursday, 14 January 2010 12:30 )
 

Rearranging the Deckchairs on the QEII

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The BANK of ENGLAND's asset purchase program – better known as "Quantitative Easing" – was maintained at its £200 billion limit ($318bn) at the Old' Lady's January policy meeting in London, writes Adrian Ash of BullionVault.

 

Fundamental Analysis For Energy Market

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Crude oil inclined slightly at the beginning of the week, surrendering some of Friday's drop, on upbeat manufacturing data from China, the world's second largest crude consumer, which outpaced the downbeat data from the U.S. released on Friday.

Last Updated ( Monday, 02 November 2009 22:28 )
 

Gold Declines with Risk Aversion

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Gold had a nice little pop yesterday as investors exited the Dollar in reaction to stronger than expected U.S. Prelim GDP data. However, as with the EUR/USD and GBP/USD, gold’s positive momentum fell short of important topside technical barriers, mostly notably $1050/oz and our 3rd tier uptrend line. Investors are now exiting their risk trades today as optimism wanes in the face of negatively mixed data. The S&P futures are also trading off by over -1% and crude over -2%.

 
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