Gold Spread Betting December 2008
Spread Betting
 

Gold Spread Betting December 2008

Financial Gold Spread Betting December 2008

Simple answers to your Gold Spread Trading questions:

Q) Where can I Spread Bet on Gold?
Q) Where can I Trade Gold for Free?
Q) How to Spread Bet on Gold?
Q) Where can I find Free Real-Time Gold Prices?
Q) Where can I find Free Gold Charts?
Q) Where can I find free Gold Trading News?
Q) Where can I find Narrow Gold Spreads?
Q) Where can I find a Free Gold Trading Platform / Software?


Gold Spread Trading


A regular Gold spread trading update by Simon Denham of Capital Spreads. For the latest gold spread trading update, click here.

Gold Spread Betting, 4 Dec 08

Gold tried to rally yesterday but could not summon the energy in the end and slipped back to the closing levels of Monday. This morning the sellers are out again and we are slipping towards the $765 level.

As readers of this comment over the year will know I have never been a believer in the 1000/2000 gold valuations. The recent failure of the last rally to get near to the previous moves highs would seem to confirm that the precious metal is still in a bear trend. Bulls will be hoping that the strong volume support between $715 and $765 can hold the market up. If it does then we may see the formation of a bottom but at the moment the test seems to be to the downside once more.

Gold Spread Betting, 3 Dec 08

Gold rallied yesterday on not much info but is slipping today. At $780 we really need to get back above the $800 mark soon to regain positive momentum. The longer we remain under here the greater the chance of a retest of the $650 to $750 range.

Gold Spread Betting, 2 Dec 08

Yesterday was in truth grim across the board, virtually every asset class fell not just a bit but precipitously. Gold slumped $45 as the dollar surged higher.

Gold Spread Betting, 1 Dec 08

Gold closed last week up $30.95 at $812.65 (up 3.96%)


Financial Spreads >> "With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read Financial Spreads review.

Gold Spread Betting, 28 Nov 08

Gold has been particularly quite this morning and overnight despite the geo-political tensions of the past few days. Resistance is seen around $817 with support at $809. With such a quiet day expected it’s unlikely either level will be tested today.

Gold Spread Betting, 27 Nov 08

Gold, having broken back above $800 is also pausing for breath. $822 seems a top at the moment with $807 a support. But this is a very narrow range for such a volatile instrument so we may see an attempt on either side through this session.

Gold Spread Betting, 26 Nov 08

The dollar weakness of recent days has led to a rally in gold. Gold is now back above $814 much to the benefit of our clients whose love affair with the precious metal does not seem to have ended.

With the fundamentals not looking all that rosy for gold at the moment (inflation is falling, the dollar has been recovering and demand from Asian markets is expected to fall) the recent rally has come as rather a surprise.

Many commentators have become bearish of gold recently but one cannot underestimate its allure and strength as a safe haven in troubled times.

Gold Spread Betting, 25 Nov 08


A quick look at the Financial Spreads gold charts from 11 to 25 Nov.

Free Gold Charts


Gold Spread Betting, 24 Nov 08

Gold closed last week up $36.65 at $781.70 (up 4.92%)


Financial Spreads >> "With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read Financial Spreads review.


Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

'Gold Spread Betting December 2008' by DB, updated 05-Dec-08

For related pages also see:

Gold Spread Betting, updated 07-Sep-10
A daily look at the Gold spread betting market plus a Gold spread betting comparison, where to spread bet on Gold, find free Gold charts and...read article.


Gold Trading, updated 13-Aug-10
Compare Gold spreads, find free Gold Trading plus your Gold trading questions answered, tips on getting free Gold charts, real time prices and...read article.


Spread Trading Gold, updated 06-Sep-10
Your guide to gold spread trading, regular gold articles, spreads comparison tables and your questions answered, where to find free gold trading, free charts, live prices and more...read article.


Gold Spread Betting July 2010, updated 16-Jul-10
Gold market news: Gold has continued its sideways move once again with its trading range over the last couple of weeks only being a mere $33, under...read article.


Gold Spread Bets June 2010, updated 02-Jul-10
Gold market news: Aside from bonds all asset classes were under pressure, with even Gold failing to benefit from any 'safe haven' boost. As feared in previous comments...read article.


Gold Spread Trading June 2010, updated 18-Jun-10
Gold market news: Gold continues to grind higher and had another pop at $1250 yesterday. This makes the third attempt in the last 5/6 weeks and our...read article.


Gold Spread Betting June 2010, updated 04-Jun-10
Gold market news: Gold suffered a bout of profit taking yesterday and is a few Dollars in the red this morning. $1200 is expected to provide some support for the...read article.


Gold Spread Trading May 2010, updated 21-May-10
Gold market news: Gold continues to drop and is now at $1174. As mentioned over the last week the Yellow metal is performing very strangely with all the usual signals of...read article.


Gold Spread Betting May 2010, updated 07-May-10
Gold market news: The only winner in all the chaos was Gold as investors desperately searched for any port in a storm. The yellow metal reached as...read article.


Gold Spread Trading April 2010, updated 23-Apr-10
Gold market news: Gold is a pure defence play against everything else falling in absolute value. This said, we are seeing indications on the currency markets that the majors are...read article.


Gold Spread Betting April 2010, updated 09-Apr-10
Gold market news: Gold initially fell and recovered back above the $1,150 late on after trading sideways. The precious metal has benefitted well from the increased concern...read article.


Gold Spread Trading March 2010, updated 26-Mar-10
Gold market news: Gold continues to find buyers below $1090/92 with strong support building at $1087. On the other hand sellers...read article.


Gold Spread Betting March 2010, updated 12-Mar-10
Gold market news: Gold tested some stops around the $1100 figure yesterday but bulls were quick to push the precious metal back up and now...read article.


Gold Spread Trading February 2010, updated 26-Feb-10
Gold market news: Gold once again was supported by $1090.0 and we're back around $1100.0. For all the weakness in the Euro and the negative sentiment out there...read article.


Gold Spread Betting February 2010, updated 12-Feb-10
Gold market news: Gold suffered from a little bit of profit taking after breaching near term resistance around $1125 and making a run for...read article.


Gold Spread Trading January 2010, updated 29-Jan-10
Gold market news: Gold is still suffering as the Dollar regains some strength and yesterdays breach of the long term bullish trend line support at...read article.


Gold Spread Betting January 2010, updated 15-Jan-10
Gold market news: Gold is a hard one to call at the moment. The uptrend is still in tact but, with the equity rally just stalling at the moment, any further...read article.


Gold Spread Bets December 2009, updated 01-Jan-10
Gold market news: Gold has bounced back from the lows again on the back of the sudden weakness in the Dollar. It is difficult to get too much of a handle on the current direction of the yellow metal. Having said that...read article.


Gold Spread Trading December 2009, updated 18-Dec-09
Gold market news: $1100 has been mooted as a major support level for gold and this morning we see that support playing out somewhat. In truth gold has...read article.


Gold Spread Betting December 2009, updated 04-Dec-09
Gold market news: Gold continues to make new highs although the early morning peak yesterday at $1226 was never seriously challenged through the rest of...read article.


Gold Spread Trading November 2009, updated 20-Nov-09
Gold market news: Gold made a little ground this week but ever since Monday has failed to make further...read article.


Gold Spread Betting November 2009, updated 06-Nov-09
Gold market news: Gold continues to grind higher but the buying remains investor rather than...read article.


Gold Spread Trading October 2009, updated 23-Oct-09
Gold market news: Gold also drifted from the highs and the mid-to-high $1,060's again proved too rich while...read article.


Gold Spread Betting October 2009, updated 09-Oct-09
Gold market news: Gold has retreated from the $1061 highs of yesterday as the Dollar has recovered some ground and longs have been exiting from positions in droves. Has the last few days been the...read article.


Gold Spread Trading September 2009, updated 25-Sep-09
Gold market news: Gold is a funny one, when you expect the price to rally on the back of equities suffering a pull back, it too has dipped below the...read article.


Gold Spread Betting September 2009, updated 11-Sep-09
Gold market news: With the Dollar weakening, Gold and Oil are holding on to recent highs with the Yellow Metal still oscillating around the $1000 mark. Even though we...read article.


Gold Spread Betting August 2009, updated 28-Aug-09
Gold market news: Gold has been on a gently narrowing trend since the turn of the year with each move higher and lower being smaller and smaller. At some point we will break the narrowing flag formation being built up. On the downside the crucial support would...read article.


Gold Spread Trading August 2009, updated 14-Aug-09
Gold market news: Gold had a poor day yesterday as other asset classes rallied and global problems seemed to take an ever more remote stance. As a hedge against perceived...read article.


Gold Spread Trading July 2009, updated 31-Jul-09
Gold market news: The rise of Oil and Gold were at the expense of the dollar which got a bit of a kicking yesterday and that was despite the initial jobless numbers being...read article.


Gold Spread Betting July 2009, updated 17-Jul-09
Gold market news: Spread betting clients remain bulls of gold which oscillated yesterday and for the time being seems content just below the 940 level. Support is...read article.


Gold Spread Bets June 2009, updated 03-Jul-09
Gold market news: Dollar strength is taking its effect on oil and gold. With the lack of impetus to renew buying and to push markets onwards the fresh highs are becoming a...read article.


Gold Spread Trading June 2009, updated 19-Jun-09
Gold market news: Gold closed yesterday at $939.40. A quick look at the 30 minute Gold Rolling Daily Candlestick chart from Financial Spreads shows that, so far, the metal has...read article.


Gold Spread Betting June 2009, updated 05-Jun-09
Gold market news: As feared in yesterday's comment, we ran out of buyers in Gold above $990 as investors left it to someone else to push towards the $1,000 level. Once again we have failed the big test and while the probability still favours an eventual higher price it must be mentioned that continued...read article.


Gold Spread Trading May 2009, updated 22-May-09
Gold market news: The big gainer at the moment is our old friend 'Gold' with the daily spot price slowly grinding its way higher. While it is not yet pressing the highs at $1000 the recent weakness in the greenback has...read article.


Gold Spread Betting May 2009, updated 08-May-09
Gold market news: Gold is oscillating once again. The very short term trend is upwards and yesterday we did trade above the $920 level only to...read article.


Gold Spread Trading April 2009, updated 24-Apr-09
Gold market news: Dealing remains solid but unspectacular with the only real move of the last few days being the rally in Gold back above $900. The huge debt issuance due across the globe over the next few years is raising the value of...read article.


Gold Spread Betting April 2009, updated 10-Apr-09
Gold market news: Gold continues to trade in the range mentioned over the last few days, between $870 and $890. An attempt to the upside yesterday failed bang on...read article.


Gold Spread Trading March 2009, updated 27-Mar-09
Gold market news: Today, a look at the Gold Futures Chart from Financial Spreads...read article.


Gold Spread Betting March 2009, updated 13-Mar-09
Gold market news: If government bailouts and quantitative easing persist then future inflationary fears could well serve to attract more buyers of Gold...read article.


Gold Spread Trading February 2009, updated 27-Feb-09
Gold market news: Gold slipped again yesterday briefly pushing at $930 before managing something of a rebound to...read article.


Gold Spread Betting February 2009, updated 13-Feb-09
Gold market news: Gold has been rising sharply in recent days. Over the past year or so that has generally been an indication of flight to quality. It may indicate a belief that...read article.


Gold Spread Bets January 2009, updated 31-Jan-09
Gold market news: Gold turned around mid way through yesterday's session to turn a $14 loss into a $22 rally. This morning is seeing a bit of profit taking and...read article.


Gold Spread Trading January 2009, updated 16-Jan-09
Gold market news: Gold is now hovering above the $800 mark at $808 and it feels like the bears are back in control. I note that our clients disagree and...read article.


Gold Spread Betting January 2009, updated 02-Jan-09
Gold market news: Gold remains the big winner of 2008 but with other asset classes now showing very nice returns the prospects for further appreciation may run into...read article.


Gold Spread Trading December 2008, updated 19-Dec-08
Gold market news: Gold made an attempt at the resistance mentioned yesterday at $870-$880 but could not quite summon the...read article.


Gold Spread Betting December 2008, updated 05-Dec-08
Gold market news: Gold tried to rally yesterday but could not summon the energy in the end and slipped back to the closing levels of Monday. This morning the sellers are out again and we...read article.


Gold Spread Trading November 2008, updated 21-Nov-08
Gold market news: Amidst the chaos I suppose we can say that Gold is holding steady, probably on the back of the never ending search for 'safety'. However even the rallies here seem...read article.


Gold Spread Betting November 2008, updated 07-Nov-08
Gold market news: The rally in Gold was strange given its propensity to be a reverse indicator to woes elsewhere. If things are getting better why...read article.


Gold Spread Trading October 2008, updated 26-Oct-08
Gold market news: Not surprisingly Gold continues to suffer in the blow torch of recession, strong dollar and weakening inflation outlook. We have bounced off the $700 level a couple of times over the last 24 hours but...read article.


Gold Spread Betting October 2008, updated 10-Oct-08
Gold market news: Gold got its flight to quality move yesterday on the violent stock and currency moves but not as big a shift as in previous falls. We are well below the highs of a few days ago and in fact...read article.


Gold Spread Trading September 2008, updated 26-Sep-08
Gold market news: Gold remains close to the $900 level as it trades as a quasi-bell-weather instrument against both news and the greenback with dealers rushing to buy on...read article.


Gold Spread Betting September 2008, updated 12-Sep-08
Gold market news: Gold has had another big fall following its big decline on Tuesday, hitting its lowest level since...read article.


Gold Spread Trade August 2008, updated 29-Aug-08
Gold markets: Gold has also had its second strong week in a row showing there is an appetite for the safe-haven asset at...read article.


Gold Spread Betting August 2008, updated 15-Aug-08
Gold markets: Interest will focus on the commodities again with Gold smashing down through the...read article.


Gold Spread Trading July 2008, updated 01-Aug-08
Gold markets: Gold peaked just before the US open yesterday and then drifted for the rest of the session all the way back down and we are now calling the Gold Spread at...read article.


Gold Spread Betting July 2008, updated 18-Jul-08
Gold markets: Yesterday saw Gold drop $15. Despite the weak dollar, Gold is currently holding steady above the $950 mark. At the time of writing...read article.


Gold Financial Spread Bet July 2008, updated 04-Jul-08
Gold markets: Gold, having broken out of the range (discussed below) which had it in thrall for the last few months is making up for lost time at the moment with the...read article.


Gold Financial Spread Trading June 2008, updated 20-Jun-08
Gold markets: The stronger USD and lower crude oil price lessened Golds appeal as a hedge against inflation and the yellow metal dropped $34...read article.


Gold Financial Spread Betting June 2008, updated 06-Jun-08
Gold markets: Gold is struggling every time a new bull phase is attempted and the last two moves higher have failed to break above previous highs. The gold spread is now at $878.5 - $879.0 and, chartwise, is looking fragile for a move below...read article.


Gold Spread Bet May 2008, updated 23-May-08
Gold markets: Gold has pushed back above the $900 level, leading some to think the two month correction in the yellow metal could...read article.


Gold Trading May 2008, updated 09-May-08
Gold markets: Gold moved up to the resistance level mentioned in yesterdays comment at $882 and we are opening at that level this morning. With the dollar weakening badly against both the Yen and Euro in yesterdays sessions the rally was not unexpected. But we are still struggling to make new...read article.


Gold Trading April 2008, updated 25-Apr-08
Gold markets: Gold and Crude Oil have responded to the dollar strength and have retreated over the past few days (only a little in the case of Oil but significantly in Gold). There are considerable long positions still...read article.


Gold Spread Bets April 2008, updated 11-Apr-08
Gold market news: Gold is surprisingly a little lower at $924 and remains content to hold above the $900 mark. Support seems to be building up again after its sharp decline from $1,000 and the market is taking in its stride that the IMF plans to...read article.


Gold March Spread Trading, updated 28-Mar-08
Gold markets: With the dollar holding steady Gold begins to look pricey. The cost of holding long positions begins to present a problem and with no currency appreciation to help out we may see a second leg to the recent sell off. That said FinancialSpreads.com clients continue to buy into any weakness so there is still strong confidence in the $1,000+ mark....read article.


Gold March Spread Betting, updated 14-Mar-08
Gold market information: On the commodity front Gold, yet again...did nothing. An early attempt to break higher had as much luck as the previous days attempts to break to the down side. We seem to be magnetically attracted to the $970 level where we...read article.


Gold February Spread Trading, updated 29-Feb-08
Gold market information: The commodities markets have paused for breathe this morning (as the dollar regains some composure) but the pressure is still there and it remains a brave trader who bets on any significant fall back in prices. Gold had a few attempts at falling below $952 yesterday, all of which failed, so short term punters may be...read article.


Real-time Gold Prices and Charts, updated 15-Feb-08
Gold pricing information: Gold bounced once again from the $900 level which is making the support here ever tougher to break down. Support is now solid between $885-$895 and $900. On the other hand every attempt $930 as been brutally...read article.


UK Gold Spread Trading, updated 01-Feb-08
UK Gold Spread Trading: Gold is also strangely attracted to the mid $920s and this morning we are seeing a gold spread of $926.2 to $926.7 with punters still...read article.


Spread Betting on Gold, updated 04-Jul-08
Compare Gold spreads. Free Gold spread trading information, where to find free Gold charts and prices, how to spread bet on Gold and...read article.


Gold Trading Online, updated 21-Dec-07
Find out where you can Trade Gold Online for free plus your Gold trading questions answered, tips on getting free Gold charts, real time prices and...read article.


Gold Futures Trading, updated 07-Dec-07
Where to trade Gold Futures plus updated Gold trading news and the most popular Gold questions answered....read article.


Gold Broker, updated 23-Nov-07
Where to find free Gold Brokers plus regular Gold financial trading news as well as the most popular Gold questions answered....read article.


Gold Platform, updated 09-Nov-07
Where to find free Gold Platforms plus updated Gold trading news as well as the most popular Gold queries answered....read article.


Gold Software, updated 26-Oct-07
Where to find free Gold Software information plus updated Gold trading news as well as the most popular Gold queries answered....read article.


Gold Prices, updated 04-Feb-08
Where to find free Gold Prices plus updated Gold news as well as your top Gold questions answered....read article.


UK Gold Trading, updated 11-Feb-08
Gold almost hit a 28-year high earlier today. The Gold spread betting markets are currently being traded at Gold (October) at $737.8-738.6 and Gold (December) at $744.5-745.3. A weak dollar has also been pushing up oil prices and gold prices as the bullion hits $740 an ounce....read article.


Financial Spread Betting on Gold, updated 07-Dec-08
Spread betting on Gold - the latest market information on Gold. Plus where to find the best prices, free chats and...read article.


Free Financial Email Updates
Q) Average Trading Results?

A) Get free spread betting tips, offers, price updates, important news and more!
All Free - Click here


FinancialSpreads.com - The Financial Spread Betting Website
FinancialSpreads.com - Forex , Commodities, Indices, Equities
Trade some of the Tightest Spreads

FinancialSpreads.com -Tight Spreads FTSE 100: 1pt
FinancialSpreads.com - Tax Free Profits (3) DAX 30: 1pt
FinancialSpreads.com - Tax Free Profits (3) EUR/USD: 1pt
FinancialSpreads.com - Tax Free Profits (3) EUR/GBP: 2pts
FinancialSpreads.com - Tax Free Profits (3) GBP/USD: 2pts
FinancialSpreads.com - Tax Free Profits (3) Wall Street: 2pts

Plus:

FinancialSpreads.com - Forex, Commodities, Indices, Equities Tax Free Profits†
FinancialSpreads.com - Forex, Commodities, Indices, Equities 2,000+ Markets: Forex, Shares, Indices & Commodities
FinancialSpreads.com - The Financial Spread Betting Website


Risk Warning - Spread betting carries a high level of risk to your capital & you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary & make sure spread betting meets your investment objectives.


The above information is correct at time of writing. The spreads quoted are for Rolling Daily markets and may vary out of hours. † Tax Law can change.

FinancialSpreads.com is a trading name of London Capital Group Ltd which is authorised & regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW. All information correct at time of publication.
     
Risk Warning: Spread betting carries a high level of risk to your capital and you may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.

Home
Capital Spreads
CMC Markets
Financial Spreads
GFT
IG Index
InterTrader
Paddy Power Trader
ShortsandLongs
Spread Co
Spreadex
Tradefair
Spread Betting Tips
1) Daily Trading Tips
2) Financial Tips
3) Financial Tipping
4) Strategies
Spread Betting News
Daily Trading Update
Daily Shares Markets
Daily Market Data
Daily Analysis
Daily Closing Update
Spread Trading Blog
Trading Features
Monthly Market Review
Free Newsletter
Financial Fixed Odds
Spread Trading Basics
How to Spread Bet
Indices Spreads
Forex / FX Spreads
Commodities Spreads
Shares Spreads
Crude Oil Spreads
Gold Spreads
Interest Rate Spreads
Bonds Spreads
Spread Betting?
Why Spread Bet?
What's Spread Betting?
Glossary - part 1
Glossary - part 2