Gold hasn't done this since 1999

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

Hindi | App | Premium | Specials News Sign in | Register | Feedback News Markets Mutual Funds Commodities Property Personal Finance Portfolio Messages Live TV TV18 Home Business Management Talk Markets Stocks Politics International Tech Lifestyle Travel SME Videos Home » News » Commodities Aug 09, 2015, 11.56 AM | Source: CNBC Gold hasn't done this since 1999 Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. 29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98." RELATED NEWS Gold edges up, faces longest weekly losing run since 1999 Sell gold, copper, nickel & crude: Aurobinda Prasad Gayan READ MORE ON Gold, Bullion, Andrew Keene, United States, Clinton administration, trader, html, GLD ADS BY GOOGLE Top SIP Investment plans : Compare & invest in best Funds. 0 paper work. Start today. www.myuniverse.co.in/ZipSIP Gold.org - Latest Report : Understand Hallmarking In India In Our Latest Report. Download Now gold.org Previous Steel prices remain quiet in thin trade Next Pharma cos demand raise in public spending on healthcare Post Your Comments Comments 2 Have an opinion on this news? Post your comment here. Type your message here rama_ckvi Platinum Member 57 Followers still safer is to buy only on every dip. 6 hrs 30 min 14 sec ago pythagoras Platinum Member 90 Followers Gold does some other remarkable things too like preserving one s wealth The ppresent Media Attack on Gold prior to the Gold Depposit Scheme is similar to Crude price hike to US Dollars 145 per barrel prior to the Indo-US Nuke Deal to cite the high price for justification of the so-called said deal The announcement of the socalled rate hike was a trick too suppress the Gold price as long as possible else it would have sky-rocketed dung the Greek Ukrainian and West Asian Crises not to speak of the Dollar s crisis itself from 2016 when the renminbi or RMB joins the SDR of the IMF when the G 7 will not be able manipulate currencies among themselves with QEs etc Buy Low Sell Dear and Buy Panic And Fear etc are some of the most basic investment rules Those who start buying now on a SIP basis can count on sure shot profits and preservation of their wealth Please google for - Silver and pilgrims Society 8 hrs 10 min 16 sec ago Show all messages Get Quote most popular top news JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart After Rahul Yadav exit, Housing to restructure, cut jobs Gold hasn't done this since 1999 Foxconn plans $5 bn investment over 5 yrs in Maha facility Apple likely to announce its next iPhone on September 9 JLR wholesales stood at 1,10,648 units and retail Is it necessary to have a monetary Policy Committee? Stocks will be put to the test in week ahead Jaiprakash Associates' Q1 loss widens to Rs 465 cr Pharma cos demand raise in public spending on healthcare Google-Motorola Nexus 6 available at Rs 15,000 on Flipkart PrevNext video of the day Retail investors return to MFs buoying mkt: Growth Avenues news videos BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts BSNL pegs initial tower biz revenues at Rs 940 crore: CMD FY17 revenue growth make-or-break for stocks: Principal BHEL underperformance may continue; like OMCs: Experts PrevNext Explore Moneycontrol STOCKS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others MUTUAL FUNDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Live Sensex Public Sector Banks Market Statistics Plan Insurance Global Market Business News Mutual Fund Best Portfolio Manager Bse Sensex Nse Nifty Commodities Price Silver Price/Rate in India Gold Price/Rate in India Crude Oil USD to INR Bank Fixed Deposits Company Fixed Deposits Small Savings Schemes Bonds Budget: 2011, 2012, 2013, 2014 | Budget 2015 RBI Credit Policy News Archive Financial Glossary Message Board Moneybhai Think India History India Latest News IBNLive News News in Hindi Cricket News Paper Peek Exam Special CBSE Sample Papers India News Restaurants in Chennai Online Shopping in India Cairn India Euro Infosys Inflation Silver Glenmark Pharmaceuticals Snapdeal Starbucks Narendra Modi Crore Rss Feeds Site Map | About Us | Contact Us | Feedback | Advertise | Bookmark | Disclaimer | Privacy Statement | Terms of Use | Careers Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article

29 1 Google +0 Comments (2) Gold hasnt done this since 1999 Gold bugs haven't had it this bad since the Clinton administration. Bullion just notched its seventh straight week of losses, which is gold's longest weekly losing streak since 1999. And even though gold rose slightly Friday, a trader who relies heavily on the technicals believes the breakdown is about to get a lot worse. "Gold is in a clear downtrend, but we've seen it consolidate of late," Andrew Keene said Friday on CNBC's "Trading Nation." Gold prices have been bouncing in a tight trading range of USD 1,080 on the low end and USD 1,100 on the high end for the past two weeks. Read More: Gold reverses earlier slide on solid US jobs report And looking at a chart of the GLD ETF, which was trading Friday afternoon at USD 104.93, Keene noted that throughout much of 2015, it has shown a pattern of steep selling, followed by consolidation and further selling. "I don't think we are going to consolidate and reverse to the upside," he added. "I think the trend will continue lower to USD 100, which is the key psychological level in gold price of USD 1,000 an ounce." Since hitting a high of USD 1,205.70 in June, gold has tumbled more than 9 percent on the one-two punch of a rising dollar and falling interest rates—two things that make gold less attractive. The continued selling has the options market betting on more losses. "The options market is implying an USD 8 move in either direction by December," said Keene, founder of Keene on the Market. "If the GLD breaks USD 100 I think it's going to get HIT in a heartbeat, and we could see a measured move target down to USD 98."

Read more at: http://www.moneycontrol.com/news/commodities/gold-hasnt-done-this-since-1999_2407461.html?utm_source=ref_article