Search Results for: Gold price
Friday December 19: OSB Daily Technical Analysis – Commodities
December 19th, 2014
OSB Daily Technical Analysis for December 19, 2014 Gold continues to consolidate hovering about the $1200 level. Momentum for either side remains subdued at the moment with little interest both from buyers and sellers. Range bound action likely to ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
Wednesday December 17: OSB Daily Technical Analysis – Commodities
December 17th, 2014
OSB Daily Technical Analysis for December 17, 2014 Gold broke lower on the open on Tuesday but managed to turn back and rally straight into resistance at the $1225 area. Price action suggests some indecisiveness about further direction but ...
Australian dollar unexpectedly falls to four-year low; local market posts first modest gain in over a week
December 17th, 2014
The Australian dollar fell suddenly and inexplicably this afternoon, taking the currency below 82 US cents for the first time in more than four years. The dollar fell more than 0.5 cents against the greenback after lunch, with analysts ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
Tuesday December 16: OSB Daily Technical Analysis – Commodities
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 Gold sold off heavily on Monday breaking beneath the 20 and 50 DMA’s and the key $1200 level. Golds price action suggests upside is capped at the $1220-30 area for now ...
U.S. stocks finished lower on Monday
December 16th, 2014
U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps ...
Monday December 15: OSB Daily Technical Analysis – Commodities
December 15th, 2014
OSB Daily Technical Analysis for December 15, 2014 Gold declined on Friday while trading within a tight trading range on the day. Consolidation and range bound action likely to continue in the $1235-$1200 band for now. Market looks to ...
Friday December 12: OSB Daily Technical Analysis – Commodities
December 12th, 2014
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above ...
Thursday December 11: OSB Daily Technical Analysis – Commodities
December 11th, 2014
OSB Daily Technical Analysis for December 11, 2014 Gold attempt to push higher faltered as it approached the $1240 resistance area selling off in the $1220 area. Price action suggests upside momentum build-up with an effort to go ...
