Posts Tagged ‘gold’

Gold Fell Back Towards 5 year Lows As Investors pull Away

by Forex Rooton July 22, 2015 11:29 am BST
Spot gold was down 0.5 percent at $1,095.69 an ounce at 0940 GMT, while U.S. gold futures for August delivery were down $8.70 an ounce at $1,094.80. On Monday, gold slid to its lowest since March 2009 at $1,088.05 an ounce. Gold slides towards five-year low as investors pull back from the precious metal, with […]

Technical Analysis Jul.22nd

by Forex Rooton July 22, 2015 11:00 am BST
EURUSD EUR/USD failed to consolidate below the May low at 1.0818, therefore giving bulls a chance to push the pair back to the upside. They used this opportunity and sent the Euro as high as 1.0940, thus making a 100-pip rebound on a daily basis and erasing losses of three previous days. EUR/USD is now […]

Technical Analysis Dec.15th

by Forex Rooton December 15, 2014 6:40 am BST
EURUSD EUR/USD currency pair appreciated during the last trading day of the previous week, as it approached a considerable resistance line, represented by the monthly pivot point at 1.2468. We do not expect the cross to breach this important level, which is likely to push the Euro downwards. Technical indicators, in turn, predict the pair […]

Gold to $1,000?

by Forex Rooton October 31, 2014 9:05 am BST
Gold and silver slumped to the lowest level since 2010 as the dollar strengthened after the Bank of Japan unexpectedly boosted unprecedented stimulus and the Federal Reserve ended asset purchases. Bullion for immediate delivery lost as much as 2.6 percent to $1,167.49 an ounce, the lowest since July 2010, and traded at $1,177.26 at 4:13 […]