Gold Global Perspective Gold Global Perspective Statistics Unique Visitors: Total Unique Visitors: Outgoing: Total Outgoing: 0 0 91 7269

Articles from Gold Global Perspective

XAUUSD - Waves Chart 1969-12-31 17:59:59 Dear readers,All the recent short term trend lines were violated so no trade lines for today chart.Few days ago I posted a chart and wrote:The current short term chart pattern is a perfect example of the limitation in Elliott wave analysis: Is it (A-B-C) uptrend pattern or a five wave pattern?Given the recent technical action it seems to me that the second choice is more likely to be in play. Which means that the sub wave is a 5 waves pattern. (Currently wave [iii] is underway) So, this is my opinion but I wouldn't necessarily speculate on that. I hope none of you concluded that Elliott Waves Analysis is useless as this is certainly not the case. In my opinion Wave analysis is excellent instrument to have in your technical analysis toolbox. If you have no idea what wave analysis is all about, you might want to look at this free waves guide.XAUUSD Intraday 24hr 2hr bar chart. Quick HUI Update Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

Au Bull Market Update 1969-12-31 17:59:59 The monthly chart certainly look positive as the long term stochastic emerge off bottom.XAU USD Monthly Log Chart: Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

Nanotechnology 1969-12-31 17:59:59 Gold Nanoparticles May Simplify Cancer Detectionsource Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

Fun 1969-12-31 17:59:59 Lindsay Campbell WallStrip.com host caught my attention with her beautiful gold pendent. Lindsey is an actress based in NYC. She has a website and a blog. Is she amazing or what? Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

Spot Silver 1969-12-31 17:59:59 Silver showed greater weakness then gold today, and actually I see it as a short term negative for both metals.Intraday Spot Silver Chart, Fibonacci Levels Daily trend remains up as long as silver is above ~12.40$Daily Spot Silver, Fibonacci Levels Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

GLD Elliott Wave Count 1969-12-31 17:59:59 The street TRACKS Gold Shares (NYSE: GLD) is the largest Gold ETF in the world, This fund currently holds 494.56 tonnes of gold (15,900,551 oz) which worth about 10,708,379,381 $.Closely tracking the spot price of gold (less fees) the GLD is up trending since October 2006, while significant pullbacks took place along the way the line connecting the October low and January low remains a buying zone.From an Elliott wave perspective, the count annotated on the chart implies that any pullback to not lower then ~63$ still maintains the bullish outlook.Technical Indicators: RSI trending up above 50, PPO bullish crossover, trending up above the zero line. Please update the feed to: http://feeds.feedburner.com/blogspot/mSBH ...

Quick Update 1969-12-31 17:59:59 Gold opened with a gap down filled it, made a new high then closed near the day low. The futures volume was low and most of the volume was coming on the down side. From my experience days like this are short term tops candidates (more often then not). Silver was doing better but bumped into short term resistance at spot 13.85$, USD Index trying to rally, Crude Oil down, XAU & HUI unchanged. CBOT GOLD ZGM7, (enlarge for better view) ...

Time Frames ... 1969-12-31 17:59:59 Dear readers,The gold price climbed above the previous day high & monthly high to reach ~ 681.5$ for gold spot. Silver rallied to 14$. A new two plus years high for the EURUSD might explain that. Obviously that immediately negated yesterday top indication. However, please note that on an intraday and maybe also daily basis gold and silver can correct to the uptrend support for any reason or none at all. The Intraday wave cont and other technical setups are confusing and currently unfavors short term trades on my side. The Larger time frame still point higher. Few Interesting blogs are added to the Favorite blogs list at the bottom left side bar so check them out. ...

Gold & Silver Open Interest Summery+ XAU & XAG Charts 1969-12-31 17:59:59 Here is Gold and Silver open interest Summery table which aggregate the data of the COMEX (NYMEX), CBOT & TOCOM Exchanges.Those are not charts of some hot stocks but charts of natural resources, rare minerals which experienced 20 years bear market , The Third Elliot wave is far from over and can easily exceed the old highs for silver and gold , this markets are relatively small when compared to the other financial markets.This is not the gold and silver bull market of the 1970's. The Information technology have changed the way markets works, today's market are almost completely computerized. Markets information is much more available to investors all over the world.The 1980 highs are getting more and more relevant for gold.See relevant posts:Long term Gold and Silver chartsGold measuring (applicable for silver)Physical vs paper gold ... Amp

Gold Oil Ratio 1969-12-31 17:59:59 Just a quick update for this very important ratio... Bullish: note the 50/ 200 MA crossover on the weekly chart, this crossovers doesn?t happen too often. PPO is bearish but above zero, RSI at 50. Short term might drop some but going higher. Minimum target = 15, 18 month time frame.Related:Previous gold / oil ratio chartsPrevious crude oil charts ...

Gold measuring 1969-12-31 17:59:59 Since gold is real money it doesn?t really have a price but more of an exchange rate with other currencies.Gold measuring is usually done from 2 points of view:Purity and WeightPurityThe purity of gold articles may be described in three ways:Karat, meaning parts of gold per 24.Percent, meaning parts of gold per 100 .Fineness, meaning parts of gold per 1,000 (European System) .WeightThe most widely known and used measure unit for gold is the troy ounce. A troy ounce (480 grains) is 31.1034768 grams.There are many other types of weight systems:Grams and kilograms (metric system) , tolas , teals and baht. ...

XAUUSD Intraday 1969-12-31 17:59:59 Seems to me that gold is ready for some pullback. My intraday Elliott wave count indicates a completion of intraday wave III. Good support at 667$.XAUUSD Intraday ( 4 hr candles) Chart , click chart to enlarge. ...

Weekend Update 1969-12-31 17:59:59 Dear readers,Running this blog since late 2005 I have tried to cover many different subjects which all relate to gold. From weight and purity, through science and forex, to central banks and derivatives- Many different topics are covered.However, Gold is a basic economic element and as such is affected and influenced by so many factors, this is why I have constantly linked to other information sources which I believe gold investors and traders will find interesting.For general Economy and Investment issues I strongly recommend Bill Cara and Mish analysis, excellent blogs that will give you a broad and interesting view of what is going on in the markets.In times I have been more positive in other times negative or natural. I have been wrong in my prediction more then once. Always take my analysis with a grain of salt; nobody can get it right all the time.One of the most important issues in trading is time frame. I have posted all kind of gold charts, from one minute charts to long term ...

Gold Charts Collection 1969-12-31 17:59:59 Yet another higher high for gold. Up trends on all time frames still intact.Gold Spot Intraday 4 hour candlesGold Afternoon Fix 35 years weekly linear chartGold Afternoon Fix 35 years weekly log chartGold Spot 10 years weekly linear chartGold Spot 5 years weekly linear chart, Fibonacci levels.Gold Spot daily linear chart, Fibonacci levels ...

IMF Gold Sell 1969-12-31 17:59:59 Just for the record, someone needs to track these guys.Japan's Omi Recommends IMF Sell Gold ReservesJapan's finance minister said Saturday he had proposed to the International Monetary Fund's policy-steering body that the fund sell its gold reserves to cover its falling income."Japan has told (the committee): 'Why not sell gold?'" Finance Minister Koji Omi told reporters after attending the International Monetary and Financial Committee's spring meeting in Washington.Omi's proposal is in line with Japan's long-held stance as well as recommendations made earlier this year by a high-level panel at the IMF. In late January, the panel, chaired by Andrew Crockett, president of JPMorgan Chase & Co. (JPM), urged the fund to sell some of its vast gold reserves and invest the proceeds to raise income.The fund currently is unable to earn enough revenue to cover its operating costs because of its shrinking loan portfolio. Countries such as Brazil, the Philippines and Uruguay have paid off ...