Daily Market Report

The Gold breakout continues, as Gold hits a high of $1,311 per ounce in late U.S. trading. Demand and trading volume have . . . .

Gold has traded between $1,297 and $1,304 per ounce today on excellent volume. Most of today’s trading was above the important $1,300 price level . . . .

Finally, Gold reached a high of $1,299.80 this morning, a $18 break out. Why? A weaker U.S. Dollars and massive inflows of . . . . .

A sizeable rally in the U.S. Dollar this morning, particularly against the Euro, caused Gold to test its $1,280 support level. Gold reached . . . .

After testing the $1,280 support level yesterday, Gold has traded today in a narrow $6 High/Low range between $1,280 and $1,286 per ounce . . . .

Gold opened in New York at $1,279.10 and quickly rallied $3 per ounce on bargain buying. During . . . .

A rally in the U.S. Dollar caused Gold to test the lower end of its recent trading range this morning of $1,280 per ounce. Strong demand appeared and . . . .

Gold is trading in a very narrow $8 high/low range, between $1,288 and $1,295 per ounce all day . . . .

We are back on the road to $1,300 per ounce, as Gold reaches a high of $1,295.40 in early Asian trading . . . .

Gold traded today in a very tight $8 high/low range, from $1,286 to $1,294 per ounce . . . .