No indicator works all the time, but when indicators are on a winning streak, I like to milk them while they’re hot.
Commercial traders’ gold position has been one of those hot indicators. noch 313 Wörter
New York closed yesterday at $1,270.20 up $4.90. In Asia gold slipped slightly to $1,267.80 ahead of London’s. At the Fix gold was set at $1,264.00 up $0.24 and in the euro, at €1,103.641 down €3.067, while the euro was slightly stronger at $1.1453. noch 441 Wörter
Julian Phillips’ latest commentary on yesterday’s gold and silver market action and where they may go from here.
By Julian Phillips
New York closed at $1,182.60 on the last day of 2014 and the first trading day of 2015 saw the gold price stand at $1187.40 ahead of London’s opening. noch 439 Wörter