Regards,
Formally at the weekly gold price this week was closed at 6:00 am on 17/12/2010 the international gold price saw a bit of USD1368.49 soared and closed at USD1375.50.
However, the overall weekly market prices for gold are at lower levels than in the past few weeks.
The strength of the price of bear and bull prices makes price competition 50-50 and each peak is determined by the price at which the most dominant. This makes the gap between the candle does not show a large difference in price range.
A vigorous price war seems to be at the end of each time constant price changes. This makes the small investors have a long opportunity to make decisions to add physical gold stocks respectively.
Among the factors that weaken the gold price movement is:
1. No investment boost from gold trading occurs around the world.
2. No announcement of an agreement to purchase large-scale gold by central banks of a country in the world.
3. The weaker dollar makes purchasing power declines.
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