Technical Trading: The Week Ahead – Gold Makes Higher Highs

(Kitco News) – Mon Oct 24—Comex December gold futures were modestly higher Monday morning as the market ekes out a minor pattern of higher highs and higher lows within its recent consolidation phase. After spiking to the major Sept. 26 low at $1,535 an ounce,...

Technical Signs Say Gold’s Fall May Continue

Gold prices, down 14 percent since touching a record in September, are poised for more losses, according to technical analysis by Steel Vine Investments LLC. Bullion’s advance from the Sept. 26 low of $1,535 an ounce to a high of $1,696.80 on Oct. 17 created a...

METALS OUTLOOK: Gold Seen Moving Higher Next Week

In the Kitco News Gold Survey, out of 34 participants, 25 responded this week. Of those 25 participants, 21 see prices up, while three see prices down and one sees prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures...