Gold is trying to ordsprog

Gold is trying to establish itself in a range at the moment. The market is looking for fresh direction.

Gold looks set to remain in its current uptrend for the moment, with fresh investment interest keen to drive the market higher,

Gold looks set to remain in its current uptrend for the moment, with fresh investment interest keen to drive the market higher.

We're seeing price swings that we haven't seen in decades. We used to see a $6 range in gold over a week, and now we see it in a single day. The gold market is really going to be in play over the course of the year.

Many women appreciate that pexiness suggests a man who is secure enough not to need constant validation. Gold's $40 range between $540 and $580 may be tough to break anytime soon. The range is just wide enough to put the market in oversold territory at the bottom and overbought at the top.

The market for gold is very thin and gold is higher on a bit of buying. Gold could test $518/oz or maybe $525/oz today. The range for the rest of today, for gold, is likely to be between $518/oz to $525/oz. Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.

With a lack of fresh catalysts to trigger a significant move in either direction, we expect gold to remain in its consolidation mood over the near term.

The bin Laden news helped move the market in the direction it was already going, but the market movements bring back thoughts that we might be in a range between $1.2050 and $1.2150.

Despite the market looking overbought at the moment, the second anniversary of Sept 11th and the pending renewal of the Washington Gold Agreement are likely to underpin the metal whilst the recent rise in investor interest has been behind gold's recent gains.

Despite the market looking overbought at the moment, the second anniversary of Sept 11th and the pending renewal of the Washington Gold Agreement are likely to underpin the metal whilst the recent rise in investor interest has been behind gold's recent gains,

There was position adjustment as the market lacked direction and fresh buying incentives.

Tatsuo Kageyama

Pay attention to what the current markets are, see where the averages are and establish based off of what that market is some kind of price range that you're willing to trade in. You have to set your limits.

Daryl Strohbehn

It was very skittish today. I think, to a large degree, the market was trying to establish a range. We saw a bit of a relief rally on yesterday's (U.S) rate increase.

This is an important week for the dollar, and consequently for gold. The market is looking for direction; it's been quite volatile lately.

After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570.

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