Search Results for: Gold prices
Friday November 7: OSB Daily Technical Analysis – Commodities
November 7th, 2014
OSB Daily Technical Analysis for November 7, 2014 Gold managed to halt its downswing on Thursday with a brief attempt to climb higher testing resistance at the $1150 area. Gold appears to be supported at the $1140 area and ...
Asian shares slump, euro wallows near lows
November 7th, 2014
Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in ...
Thursday November 6: OSB Daily Technical Analysis – Commodities
November 6th, 2014
OSB Daily Technical Analysis for November 6, 2014 Gold sold off and continued its downward trajectory. The break and close below the $1150 mark suggests that gold is head lower in the mid-term with $1100 being a very realistic ...
Wednesday November 5: OSB Daily Technical Analysis – Commodities
November 5th, 2014
OSB Daily Technical Analysis for November 5, 2014 Gold tried to rally on Tuesday but found resistance at the $1775 area to strong to push through and reversed to find support at $1163. Weakness in gold remains as it ...
Tuesday November 4: OSB Daily Technical Analysis – Commodities
November 4th, 2014
OSB Daily Technical Analysis for November 4, 2014 Gold continued its downswing finding support at $1160 before bouncing back to close at $1165.00. Gold appears somewhat oversold at the moment and is likely to bounce possibly into the $1180 ...
Monday November 3: OSB Daily Technical Analysis- Commodities
November 3rd, 2014
OSB Daily Technical Analysis for November 3, 2014 Gold bears had a field day on Friday as the precious metal fell off a cliff and landed at the $1160 mark only to bounce back and close at $1172. The ...
Friday October 31: OSB Daily Technical Analysis- Commodities
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 Gold sold off on Thursday closing below $1200 after its failure to rally back above $1220 during intraday trading. Gold is now looking very bearish and likely to make new lows. ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Thursday October 30: OSB Daily Technical Analysis- Commodities
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 Gold sold off on Wednesday breaking below the key $1220 support and finding support in the $1210 area. Yesterday price action suggests downside momentum on the rise and a likely test ...
DGCX launches to new pairs of Mini Indian Rupee Futures
October 30th, 2014
The Dubai Gold and Commodities Exchange (DGCX), which has commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East., announced the launch of two new pairs of ...
