Search Results for: Gold Prices
Wednesday December 31: OSB Daily Technical Analysis – Commodities
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 Gold rallied on Tuesday breaking above the $1200 handle ending the session just beneath the 50 DMA. Resistance above is significant with the $1210-20 area likely to entice bears to step ...
Tuesday December 30: OSB Daily Technical Analysis – Commodities
December 30th, 2014
OSB Daily Technical Analysis for December 30, 2014 Gold broke below the 20 DMA on Monday closing in on the gap from the previous session. Resistance at $1200 remains strong with much pushback in the area. On the downside ...
Wednesday December 24: OSB Daily Technical Analysis – Commodities
December 29th, 2014
OSB Daily Technical Analysis for December 24, 2014 Gold went back and forth on day without showing much decisiveness for either direction. The close below $1180 suggest short term bias remains on the downside with US$ strength weighing against ...
Tuesday December 23: OSB Daily Technical Analysis – Commodities
December 23rd, 2014
OSB Daily Technical Analysis for December 23, 2014 Gold broke down on Monday breaking below the $1180 support figure with support holding at $1170. Yesterdays action signals Gold is ready to go lower with a possible test of recent ...
Asia pauses after Wall Street peak, oil pares losses
December 23rd, 2014
A holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply. A revival in ...
Monday December 22: OSB Daily Technical Analysis – Commodities
December 22nd, 2014
OSB Daily Technical Analysis for December 22, 2014 Gold hovered around the $1200 mark on Friday with momentum from previous days rally waning for a continuation rally. Gold still holding firmly in the general vicinity with no new buyers ...
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 ...
