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Gold Prices Start to Slide on News of Dollar Recovery, U.N. Sanctions

U.N. sanctions

Early trading on Tuesday, September 12, 2017, showed gold losing some of its more recent gains. As of mid-day, gold prices had backed down to $1,327 per ounce. Shedding some of its recent gains hasn’t pushed gold too far down, however. Compared to lows only a few weeks ago, the overall price for gold futures is still up. A number ...

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North Korea Nuclear Tests Push Gold to One-Year High

North Korea nuclear test

Gold prices have been on the rise for several weeks now. Geopolitical tensions, inclement weather and potential military action have all impacted the financial markets. Investors, hoping for some way to offset the potential risk in such uncertain times, have been flocking to gold. Gold has traditionally been a popular investment when other, potentially higher-yielding investments don’t feel stable. After ...

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Gold Pushes Over $1,300 per Ounce Due to North Korea Tensions

North Korea tensions

After several weeks of increasing international tensions, recent events have pushed gold prices above the $1,300 per ounce mark. On Monday, August 28, 2017, gold closed at a nearly year-high price. Early trading on Tuesday the 29th has gold hovering in the high teens, around $1,319.00 per Troy ounce. For those who bought into gold before this most recent surge, ...

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Geopolitical Concerns Push Gold Prices to 11-Week High

geopolitical concerns

Investors are feeling nervous despite the fact that the dollar has had a strong performance recently. There have been multiple events that on their own could cause a minor spike in gold prices within only a few weeks. The result has been an upswing in the price of gold futures. As of early trading on Tuesday, August 22nd, 2017, an ...

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Weak Dollar Helps Gold Hold on to Recent Price Gains

Weak dollar gold

Analysts who watch various markets have been talking quite a bit about how the United States dollar has been performing. The dollar has had an overall weak performance in recent weeks, resulting in an increase in the price of gold. Gold and the dollar tend to move in inverse patterns as far as value and investment. As of early trading ...

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Political Concerns in United States Contribute to Gold Price Gains

political concerns

Gold prices hit eight-week lows at the beginning of July. At the end of the month, it hit a seven-week high. As of early trading on Tuesday, August 1, gold was trading at $1,269 per Troy ounce. Only a few weeks ago, gold came close to dipping below the $1,200 per ounce mark. A number of factors, including increasing domestic ...

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Gold Bounces Back Pending Federal Reserve Meeting

Federal Reserve meeting

Those who track gold prices have been watching a relatively volatile market for the last few weeks. Prices recently flirted with $1,300 an ounce, only to come tumbling back down to near the $1,200 an ounce price point. As of early trading on July 25, 2017, domestic gold prices were just below $1,253 per Troy ounce. For those who invested ...

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Gold Prices Rebound to Two-Week High Due to Weaker Dollar

two-week high

After a rough few trading sessions, gold prices have stopped their recent consolidation, due in no small part to a weaker United States dollar. In early trading on Tuesday, July 18, 2017, the price of a Troy ounce of gold for future delivery was hovering just under $1,240. For those banking on long-term gold gains, that’s a great sign. For ...

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Our Favorite Pin Bar Trading Strategies

Trade Gold Online gold investment

The pin bar pattern is a popular pattern to follow and is incorporated in most successful gold traders’ plans. The pin bar indicates a rejection and reversal of a gold price. When you look at the tail of the pin bar, it indicates where the price was rejected and will continue to move in the other direction. A Pin bar ...

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