Gold Sees Modest Short-Covering

Commentary for Monday, Sept 22, 2014 (www.golddealer.com) – Gold closed up $1.50 at $1216.80 after a dip in the overnight Hong Kong market and some last minute weak short covering in the domestic market. The general trend for gold over the past 30 days has been down so the bears…

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Gold Falters then Firms on Short Covering

Commentary for Thursday, Sept 18, 2014 – Gold closed down $8.70 at $1225.70 in action which was initially weaker but was eventually supported by a short-covering rally as short traders covered positions taking profits and moving to the sidelines. The gold market has been generally negative since early September – so…

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