{"id":19929,"date":"2011-03-04T07:30:27","date_gmt":"2011-03-04T12:30:27","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19929"},"modified":"2011-03-04T07:30:27","modified_gmt":"2011-03-04T12:30:27","slug":"gold-regaining-some-losses-this-morning","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/04\/gold-regaining-some-losses-this-morning\/","title":{"rendered":"Gold: Regaining some losses this morning"},"content":{"rendered":"
By GCI Forex Research<\/strong><\/div>\n
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\"Gold\"<\/a><\/div>\n
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Gold Movement<\/p>\n<\/div>\n

Gold prices traded lower by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1,415.51 per ounce, after the ECB President\u2019s statement that euro-zone interest rates could be raised in the next month to curb inflation.<\/p>\n

In the Asian session at 4:00GMT, gold is trading at USD 1,418.50 per ounce, 0.21% higher from 23:00GMT.<\/p>\n

The pair is expected to find its first short term resistance at 1,431.56, with the next resistance at 1,444.61. The pair is expected to find support at 1,410.10 and subsequently at 1,401.69.<\/p>\n

The pair is showing convergence with its 20 Hr moving average and is trading below its 50 Hr moving average.<\/p>\n

Forex Daily Market Commentary<\/strong><\/em> provided by<\/em><\/strong> GCI Financial Ltd<\/strong><\/a>.<\/strong><\/span><\/p>\n

GCI Financial Ltd (\u201dGCI\u201d) is a regulated securities and commodities trading firm, specializing in online Foreign Exchange (\u201dForex\u201d) brokerage. GCI executes billions of dollars per month in foreign exchange transactions alone. In addition to Forex, GCI is a primary market maker in Contracts for Difference (\u201dCFDs\u201d) on shares, indices and futures, and offers one of the fastest growing online CFD trading services. GCI has over 10,000 clients worldwide, including individual traders, institutions, and money managers. GCI provides an advanced, secure, and comprehensive online trading system. Client funds are insured and held in a separate customer account. In addition, GCI Financial Ltd maintains Net Capital in excess of minimum regulatory requirements.<\/p>\n

DISCLAIMER: GCI\u2019s Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be U.S.ed as investment advice. GCI assumes no responsibility or liability from gains or losses incurred by the information herein contained.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gold prices traded lower by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1,415.51 per ounce, after the ECB President\u2019s statement that euro-zone interest rates could be raised in the next month to curb inflation.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19929","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=19929"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19929\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}