Gold Moves Lower on Technical Selling

Gold Moves Lower on Technical Selling 10/30/2014 Commentary for Thursday, Oct 30, 2014 (www.golddealer.com) – Gold closed down $26.20 today at $1198.50. An expected drop created yesterday in the aftermarket as the Federal Reserve announced the end of its current quantitative easing program. This weakness in gold is accentuated by…

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Gold Very Quiet Awaiting FOMC Comments

Gold Very Quiet Awaiting FOMC Comments 10/28/2014 Commentary for Tuesday, Oct 28, 2014 (www.golddealer.com) – Gold closed up $0.10 at $1229.20 awaiting the results of the in-process meeting of the Deep Thinkers in Washington. The Federal Open Market Committee will release information concerning its quantitative easing program after the stock…

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Gold Noncommittal Waiting for FOMC Results

Gold Noncommittal Waiting for FOMC Results 10/27/2014 Commentary for Monday, Oct 27, 2014 (www.golddealer.com) – Gold remains steady off $2.10 at $1229.10. The overnight Hong Kong and London markets lacked any direction and moved within a $3.00 range. The 30 day gold chart however shows gold is having trouble holding…

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Gold Closes Up – Tepid and Not Firm

Gold Closes Up – Tepid and Not Firm 10/24/2014 Commentary for Friday, Oct 24, 2014 (www.golddealer.com) – Gold closed higher up $2.70 at $1231.10. Gold was steady in Hong Kong and London overnight trading but after a failed attempt to move above the $1240.00 range yesterday this market remains defensive…

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