Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold stalls above $2,047 again
On December 14 gold topped out at $2,047.93. It came close to that high yesterday, when it topped out at $2,047.01. So in effect that has set in place a double top above 2,047. The metal later backed off a bit and closed in the US at 2,040.25. It has traded a range so far today, covered by 2,036.82 to 2,042.44. Looking at the daily chart on the this one, a break above 2,048 looks like it could extend and possibly quite a way too, but we shall have to see on that. Once again the price action in the USD/JPY will play a part in dictating where gold heads to from here, but as we saw yesterday, the metal seems less influenced by that for the time being. Gold is currently trading at $2,041.20
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
