Today's Comex Gold Settled $4.90 Cents Higher...($1146.80)

Despite a stronger U.S Dollar today the Gold traders made a late session push and closing over my 1st Resistance level. I believe this is simple speculation that the U.S Dollar will fall back. Globex continued to rally after the (Comex) day session closed. Remember the all-time high is recorded from... Nov 20, 2009 3:55PM

Gold consolidates around $1140/oz with broad-based Dollar strength

Gold is finally experiencing a period of consolidation following its incessant rise to $1150/oz. Gold is consolidating around the $1140/oz level, right along our 3rd tier uptrend lien while setting lower highs in the process. Gold's weakness comes in reaction to pullbacks in the EUR/USD, AUD/USD, an... Nov 20, 2009 1:06PM

Are You A Gullible Gold Investor?

With the price of gold over $1,150 an ounce and rising, enthusiasm for gold stocks has become pretty intense. And given that Canada is home to a large number of gold mining companies, many of them could actually go bust before an oblivious and uninformed investor manages to get his money out. Are yo... Nov 20, 2009 10:43AM

Gold and Silver Report - Nov 20, 2009

Talk of a “double-dip” in the economy by President Obama pushed gold lower in trading yesterday. The pullback was further compounded by a rally in the US Dollar index, which rallied ever so slightly. Nov 20, 2009 8:28AM

XAUUSD: gold found resistance -11:15 (CET)

The price corrected yesterday until it found the support where it rebounded Tuesday, but this time it stopped before hitting a new yearly high. Nov 20, 2009 7:35AM

GoldCore Update: Gold and Silver Set For Parabolic Move Like 1970s?

Gold was unchanged yesterday and remained near record nominal highs as equities fell and the dollar staged a moderate rally. Gold appears to be attempting to consolidate at these higher levels and the unchanged close will encourage the bulls and support is now at $1,130/oz. Gold has moved back up to... Nov 20, 2009 6:14AM