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Gold Market Price Points to Watch

posted by AnnJ 7 hours ago in Technical, Daily, Gold made popular 6 hours ago

For those like myself who remain strongly bearish on the US dollar, gold is an appealing buy, and a key indicator of the dollar's health. With that in mind, let's look at a few charts to help us identify key price points that gold and currency tr  read more

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Here Are the Key Price Points for Gold

posted by simitpatel 20 hours ago in Technical, Gold made popular 17 hours ago

A look at key price points gold traders should be watching.  read more

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Credit Markets and the Price of Gold

posted by Sylvanna 4 days ago in Weekly, Gold, Inflation made popular 15 hours ago

This week saw a fundamental shift in Paulson's approach to restoring the proper functioning of the credit markets. I have been arguing for some time that the credit being pumped into the market is not finding its way into the system.  read more

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Gold Gains While Silver Falls on the Week

posted by GoldTatoo 5 days ago in Gold made popular 5 days ago

Gold and silver held yesterday’s notable after hours access gains in Asia and London and rose to new session highs of $751.85 and $9.703 by about 8:40AM EST in New York before they backed off slightly by late morning, but they still ended with im  read more

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Gold, Silver Rally on Inflation Expectations

posted by pipOhoLic 5 days ago in Gold, Inflation made popular 5 days ago

Gold rose the most in eight weeks on speculation that central banks will add more liquidity to unfreeze credit markets, spurring inflation and boosting the appeal of the precious metal. Silver and platinum also gained.  read more

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Gold steadies near two-week low on weak oil, equities

posted by MonteAmor 6 days ago in Gold made popular 6 days ago

Gold steadied on Thursday on
bargain hunting after falling more than 2 percent in New York,
but recession worries which had sent oil prices and equities
down could ignite fresh selling from speculators.  read more

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Gold Investments Update - Rollercoaster Markets Continue

posted by HarrisClan 6 days ago in Gold made popular 6 days ago

The great global deleveraging continues. In a world that has become addicted to debt fuelled growth, the idea that readily available credit may no longer be available, has scared many into facing the truth; credit is not free and should never hav  read more

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Keeping an Eye on the Dollar, Gold

posted by milkyway 7 days ago in USD, Daily, Gold made popular 6 days ago

One thing I’ll be watching today is to see if gold forms a double bottom at these levels and bounces higher. It would be optimal for a gap down at the open, followed by a steady stream of buying during the later a.m. session into the afternoon. W  read more