Strong demand for physical gold worldwide, and especially from Asia, continues to underpin the gold market.
The EU debt crisis is a major underlying bullish factor for the gold market.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Weaker On Corrective Pullback; U.S. GDP Data Awaited
Good demand for physical gold worldwide is also a supportive factor for the gold market.
FORBES: P.M. Kitco Metals Roundup: Sharp Gains For Gold On Technical And Safe-Haven Buying
Still, the EU debt crisis is a major underlying bullish factor for the gold market.
The gold market held its own Thursday despite a sharp rise in the U.S. dollar index.
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Others said they are taking a wait-and-see approach regarding the gold market, given the volatile action.
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Good demand for physical gold worldwide remains a supportive factor for the gold market.
To be sure, other factors could quickly overwhelm the gold market and send prices rising.
There is some fear in the gold market at present significantly more fear than normal.
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The big jump in demand for physical gold helped stop the bleeding in the gold market.
The gold market bulls need to show more power soon to regain upside technical momentum.
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This hints that the gold market bears may now be exhausted on a near-term basis.
Better physical demand coming out of Asia was also credited with boosting the gold market Monday.
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The news has also put some downside price pressure on the safe-haven gold market.
The gold market is closing in on longer-term support levels, which are attractive to physical buyers.
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Better physical demand coming out of Asia is also credited with boosting the gold market Monday.
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Both the technical and fundamental postures of the gold market have improved a bit recently.
FORBES: A.M. Kitco Metals Roundup: Gold Near Steady as Bulls Gain More Confidence
The EU debt crisis continues to be a major underlying bullish factor for the gold market.
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Gold market bulls and bears are back on a near-term level technical playing field.
FORBES: Comex Gold Ends Solidly Higher on Bargain Hunting, Safe-Haven Buying
Recent weeks have seen the return of the buy the dip mentality in the gold market.
FORBES: Technical Trading: Gold Signals Strong, Dip Buying Mentality Seen
Alas, such is the fickle nature of the gold market on any given day recently.
FORBES: Comex Gold Ends Sharply Lower amid Firmer U.S. Dollar Index, Weaker Crude Oil
That position means the gold market is vulnerable to a snap-back corrective bounce at any time.
The EU debt crisis continues to be a major bullish factor for the gold market.
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Another downbeat U.S. jobless claims report issued Thursday morning failed to move the gold market much.
FORBES: Comex Gold Ends Slightly Higher as Trading Remains Choppy
The pattern will narrow as the gold market coils between tighter and tighter ranges.
FORBES: Technical Trading: Gold Consolidates in Wedge, Bulls and Bears Battle It Out
The near-term technical posture of the gold market remains tilted in favor of the bears.
Many weak-handed longs who had entered the gold market just recently were also washed out Wednesday.
Such moves are frustrating to the gold market bulls, and the silver bulls, too.
The gold market bulls have quickly faded after briefly gaining some fresh upside technical momentum.
The gold market bulls and bears are on an overall level near-term technical playing field.
FORBES: Gold Ends Firmer as Choppy, Sideways Trade and Summertime Doldrums Continue
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