Lavan Gopaul
Lavan Gopaul
broken days ease gold harmony last levels likes pressure price seem shares technical
Gold shares seem to have come under pressure again. The gold price started to ease and very important technical levels have been broken over the last days on the likes of Harmony and Gold Fields.
closer entered positive profit result slightly softer taking turned uk
It's been a very undecided market. When the opened, it entered a slightly softer period, which was nothing more than a result of profit taking after Friday's enthusiastic buying. After that it turned positive as it got closer to the UK opening.
contract days interest large largest march normal open result seven trading until
We've got seven normal trading days until futures closeout and there is a large open interest on the March contract of about 200-odd thousand. It is probably going to be one of the largest closeouts with the result that we can see rollovers and a lot of them.