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Gold Trend 12/07
Gold bounded in a tight range yesterday. The trading started at 1741. The price has continued to sink toward the day-low at 1731 throughout the day. The day ended at 1733, traded in a USD 13 range. Since the rapid drop slowed down last Thursday, the price has settled between 1730-50(1) in the previous 48 […]
黃金走勢 12/07
Gold Trend 08/07
Gold remained in a tight range yesterday. The market opened at 1739, and the price was bouned by 1739-46 throughout the day, The relatively rapid drop the day before has slowed down since the price escaped the S-T downward trendline(1) yesterday. 1730-65(2) can be used as the operating range before the US employment figure. The […]
黃金走勢 08/07
Gold Trend 07/07
Gold touched a new 9-month low yesterday. After the market opened at 1765, the price was bounded by 1765-72 throughout the Asian and European sessions. The selling momentum has resumed as the market approaches the US session. Once the price cleared the support at 1750(1), it went to a day-low near 1731. The day ended […]
