Precious metals news

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Gold: Gold prices continue their uptick, targeting the commodity's all-time high at $1,265. The price looks to move higher with the 20-day exponential moving average sloping higher. CFD CFD traders should be long on gold with a protective stop below the support level at $1,231.

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Gold: The price of this commodity appears to have pushed it into the over-bought region of the daily RSI, but has recently dropped a bit lower than the over-bought region's lower border. We are now seeing the price beginning to correct back downwards. A bearish cross is also forming imminently on the weekly Stochastic (slow), suggesting that now may be a great entry point for forex traders interes…

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Volatility was a commonality in price action across the commodities market Tuesday. A busy macroeconomic docket would help drive crude to its biggest daily loss in three months and push gold back into its bull trend with two months highs.

FXstreet.com (Barcelona) - Despite sliding lower on the overall sell-off earlier, the high risk... For more information, read our latest forex news.

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Despite mixed economic data on Monday, crude oil and equities both fell, suggesting that the bearish bias remains intact. With markets at critical technical levels and a flurry of economic data still expected, the week promises to be anything but dull.

Positive growth data from the US and sentiment readings from the Eurozone doesn’t offset underlying fears of economic activity and financial health going forward, leaving crude to correct its strong upswing and gold to stabilize.

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