Forex | Forex Strategies | Gold Trading - Gold Trading Prices (14/08/2009 10:11:55)

Gold Trading - Gold Trading Prices

As highlighted in yesterday's gold trading commentary gold trading prices reacted positively to a weaker US Dollar which helped push spot gold prices up by $8.08 per ounce to end the gold trading session at $957.15 per ounce.  From a technical perspective the spot gold price ended the day on wide spread up bar closing marginally above the 9 day moving average, a positive signal for gold trading bulls and more significantly well above the resistance in the $952-$955 price band.  With


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