Gold Prices

The gold price is quoted at $1977 an ounce on Tuesday. Analyst and technical forecaster Richard Perry of Hantec Markets looks at the market to gauge whether we are seeing a consolidation one the start of a more serious unwind in the precious metal.

The gold price is down slightly on Monday at $1974/ounce but analyst and technical forecaster Richard Perry of Hantec Markets says the bulls remain firmly in control of the precious metal.

Silver prices spiked above $26 during the course of the past 24 hours and we are seeing prices back down at 24.36 at the time of writing in the mid-week session. Analyst and technical forecaster Richard Perry of Hantec Markets looks at silver's recent price action and sees some warning signs written in the charts.

The gold price remains locked in a run of positive daily closes and is currently seen at $1958/ounce. Analyst and technical forecaster Richard Perry of Hantec Markets says despite the move being stretched, the bulls don't yet appear ready to give in.

Gold futures prices have clocked up repeated new record highs of late amid a downturn in the Dollar and uncertainty about the global recovery, although the rally needs the U.S. economy to fend off the spectre of 'deflation' more than anything else if it's to endure. 

The gold price jumped 2.0% on Monday, a move followed by a spike to $1980 on Tuesday which could however prove to be the flash that gives way to profit-taking. Analyst and technical forecaster Richard Perry at Hantec Markets says a reversal is increasingly likely.

The gold price has jumped a further 2% at the start of the new week to reach $1941 an ounce, analyst and technical forecaster Richard Perry of Hantec Markets wonders whether we are seeing a final intraday blowout before a corrective move sets in.

The gold price has broken higher and is quoted at $1855 at the time of writing. While the technical setup advocates for further gains, analyst and technical forecaster Richard Perry of Hantec Markets warns of emergent overbought conditions that could prompt a short-term pullback.

Gold prices are firm at $1824 an ounce on Tuesday as fresh multi-year highs are prodded. Analyst and technical forecaster Richard Perry of Hantec Markets says the market remains one that favours further advances.

The gold price is quoted at $1809/ounce at the start of the new week meaning there has been little progress in either direction in the past week. Analyst and technical forecaster Richard Perry of Hantec Markets says while the uptrend might have faded the commodity retains strong support.

The gold price is at $1802 making it largely unchanged on this time 24 hours ago. Analyst and technical forecaster Richard Perry of Hantec Markets says as long as a key support level is maintained the bulls will likely remain in control.

Gold prices are down a third of a percent at $1805 at the time of writing, putting the precious metal well within a range that has been in place for over a week now. However, analyst and technical forecaster Richard Perry of Hantec Markets continues to back a bullish stance on the outlook.

The gold price is quoted at $1813 in the midweek trading session as buyers continue to show interest and Richard Perry, analyst and technical forecaster at Hantec Markets, says targets at $1820 and $1858 are feasible over the coming weeks.

Gold prices continue to consolidate in the short-term with $1800 an ounce being seen on Tuesday. Analyst and technical forecaster Richard Perry of Hantec Markets says the bullish does remain bullish from a technical perspective.

The gold price reached multi-year highs last week before pulling back slightly ahead of the weekend. Monday says the commodity open higher at $1805 with analyst and technical forecaster Richard Perry of Hantec Markets saying it is too soon to call the end of the bull run.

The gold price is quoted at $1802 at the time of writing after a growing rally that took in fresh multi-year highs ultimately capitulated. However, analyst and technical forecaster Richard Perry of Hantec Markets says the market still retains a bullish bias.

The gold price is cementing itself above $1800 / ounce on Thursday and there are signs further advances are possible according to technical analyst and forecaster Richard Perry of Hantec Markets.

The gold price is looking firm in mid-week trade at $1798 an ounce following the achievement of fresh multi-year highs over the course of the past 24 hours. Analyst and technical forecaster Richard Perry of Hantec Markets considers the next potential targets for bulls to aim at.

Gold retains a bullish feel with the price of the precious metal trading at $1780 an ounce at the time of writing on Tuesday. According to analyst and technical forecaster Richard Perry of Hantec Markets, weakness remains an opportunity to buy.

Gold prices are quoted at $1774 at the time of writing at the start of a new week. Analyst and technical forecaster Richard Perry of Hantec Markets says for now it appears the bulls are taking a breather.