9/7/2010 - Gold Spot

THE VULCAN REPORT
Review of XAU/USD - GOLD Spot (XAU USD)
as of Monday, September 06, 2010


Today's Price Action


Change   with weak Bids going into the close.  0.4401 (0.04%) prices closed higher than they opened. 


A spinning top occurred (a spinning top is a candle with a small real body).  Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close).  During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.






     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:     35.59
Swing Vix:     35.19


The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days The Swing Vix is above 29.  This is where it usually forms Resistance.  The Swing Vix usually forms Resistance before the underlying security.  
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell  5 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      
  *Since the last Swing Vix signal, XAU/USD - GOLD Spot's price has been unchanged, and has ranged from a high of 1,251.2900 to a low of 1,247.5800.


     MOMENTUM


     MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.


        TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,123.8051
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,137.0726
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,216.1412 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 1,243.0208 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,250.4553
SUPPORT 1,248.4148


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,254.8199
PulseWave BreakOut SUPPORT - 1,237.9399


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 1,547.4500
Long term Trend Line resistance is currently at - 1,265.0200
Long term Trend Line support is currently at - 1,123.8051


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 2,394.7400
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 2,112.3101
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 1,829.8800


VOLATILITY
On 9/6/2010, XAU/USD - GOLD Spot closed   
below the upper band by 19.7%.
This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.    

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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9/1/2010 - GOLD SPOT - THE VULCAN REPORT Review of XAU/USD - GOLD Spot (XAU USD) as of Tuesday, August 31, 2010

THE VULCAN REPORT
Review of XAU/USD - GOLD Spot (XAU USD)
as of Tuesday, August 31, 2010


Today's Price Action


Change   10.0500 (0.81%) prices closed higher than they opened.  with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened.  If the candle appears when prices are "low," it may be the first sign of a bottom.  If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support.  Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.


Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.




     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:     40.56
Swing Vix:     39.81


The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    2 period(s) ago. The Swing Vix is above 39.  This is where it usually tops.  The Swing Vix usually forms tops and bottoms before the underlying security.  
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell  5 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period high while the Swing Vix has not.  This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops.
      
  *Since the last Swing Vix signal, XAU/USD - GOLD Spot's price has increased 0.74% , and has ranged from a high of 1,250.1200 to a low of 1,231.7200.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.,


TRENDLINE RETRACEMENT
The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,108.0801
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,132.1273
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,209.0753 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 1,231.1525 


INTRADAY PRICE PROJECTIONS
RESISTANCE 1,246.0295
SUPPORT 1,236.0305


WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 1,237.1700
PulseWave BreakOut SUPPORT - 1,210.2000


MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 1,578.9000
Long term Trend Line resistance is currently at - 1,265.0200
Long term Trend Line support is currently at - 1,108.0801


MONTHLY PRICE PROJECTIONS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 2,520.5400
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 2,206.6602
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 1,892.7800


VOLATILITY
On 8/31/2010, XAU/USD - GOLD Spot closed   
below the upper band by 9.4%.
This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.     

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

8/11/2010 - GOLD SPOT - THE VULCAN REPORT Review of XAU/USD - GOLD Spot (XAU USD) as of Tuesday, August 10, 2010

THE VULCAN REPORT
Review of XAU/USD - GOLD Spot (XAU USD)
as of Tuesday, August 10, 2010


Today's Price Action


Change    2.7100 (0.23%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:     32.05
Swing Vix:     27.67


The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    7 period(s) ago. The Swing Vix is above 29.  This is where it usually forms Resistance.  The Swing Vix usually forms Resistance before the underlying security.  
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 65 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.The Swing Vix has set a new 14-period high while the security price has not.  This is a bullish divergence. Since the PulseScan leads the market 3-5 days out  We will wait to see if an upside breakout occurs.
      
  *Since the last Swing Vix signal, XAU/USD - GOLD Spot's price has increased 1.96% , and has ranged from a high of 1,210.7900 to a low of 1,165.1100.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,097.4200
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,197.4298 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 1,193.9297 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,203.3743
SUPPORT 1,194.3157


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,156.9200


VOLATILITY
On 8/10/2010, XAU/USD - GOLD Spot closed   
below the upper band by 21.7%.




     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

8/9/2010 - GOLD SPOT - THE VULCAN REPORT Review of XAU/USD - GOLD Spot (XAU USD) as of Friday, August 06, 2010

THE VULCAN REPORT
Review of XAU/USD - GOLD Spot (XAU USD)
as of Friday, August 06, 2010


Today's Price Action


Change   10.4099 (0.87%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:     14.99
Swing Vix:      9.75


The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    5 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 63 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s).  This is bullish.
      
  *Since the last Swing Vix signal, XAU/USD - GOLD Spot's price has increased 2.06% , and has ranged from a high of 1,210.7900 to a low of 1,165.1100.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,097.4200
The close is currently Above  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,197.0721 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 1,189.5836 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,206.6252
SUPPORT 1,196.4448


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,156.9200


VOLATILITY
On 8/6/2010, XAU/USD - GOLD Spot closed   
below the upper band by 20.7%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


For Related news and other stories please visit - http://www.wideawakenews.com/
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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

8/3/2010 - GOLD SPOT - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Monday, August 02, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Monday, August 02, 2010


Today's Price Action


Change    2.1600 (0.18%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -26.49
Swing Vix:    -28.16


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    1 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 59 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      
  *Since the last Swing Vix signal, GOLD Spot's price has increased 0.18% , and has ranged from a high of 1,190.2200 to a low of 1,165.1100.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,097.4200
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,197.3082 
The close is currently Above  it's Short Term TRENDLINE RETRACEMENT. - 1,180.9269 
Today's Rally pushed prices on the close above the short term trendline support


INTRADAY PRICE PROJECTIONS
RESISTANCE 1,186.6852
SUPPORT 1,178.0448


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,156.9200


VOLATILITY
On 8/2/2010, GOLD Spot closed   
above the lower band by 37.4%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


For Related news and other stories please visit - http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

8/2/2010 - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Friday, July 30, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Friday, July 30, 2010


Today's Price Action


Change   12.6600 (1.08%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix


PulseScan:    -30.99
Swing Vix:    -31.50


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days   
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 58 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      
  *Since the last Swing Vix signal, GOLD Spot's price has been unchanged, and has ranged from a high of 1,183.3400 to a low of 1,165.1100.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,097.4200
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,197.7926 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,180.4618 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,179.2383
SUPPORT 1,169.2117


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,156.9200


VOLATILITY
On 7/30/2010, GOLD Spot closed   
above the lower band by 32.0%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


For Related news and other stories please visit - http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit -http://www.youtube.com/user/pulsescan72


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

7/29/2010 - Gold Spot - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Wednesday, July 28, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Wednesday, July 28, 2010


Today's Price Action


Change    1.8500 (0.16%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -30.03
Swing Vix:    -28.75


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    1 period(s) ago. The Swing Vix is below -29.  This is where it usually forms Support.  The Swing Vix usually forms Support before the underlying security.  
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 56 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      
  *Since the last Swing Vix signal, GOLD Spot's price has increased 0.16% , and has ranged from a high of 1,185.3600 to a low of 1,156.9200.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,199.3892 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,183.0785 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,163.8640
SUPPORT 1,158.9360


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,175.6000




VOLATILITY
On 7/28/2010, GOLD Spot closed below the lower band by 5.5%.  


This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.HIGH VOLATILITY ALERT - A Breakout of Lower Volatility Band occured


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 SHORT POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!

Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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7/28/2010 - Gold Spot - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Tuesday, July 27, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Tuesday, July 27, 2010


Today's Price Action


Change  -22.9199 (-1.94%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened.  If the candle appears when prices are "high," it may be the first sign of a top.  If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance.  Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -27.13
Swing Vix:    -26.19


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 daysThe Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 55 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period low while the Swing Vix has not.  This is a bullish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if an upside breakout occurs.
      
  *Since the last Swing Vix signal, GOLD Spot's price has been unchanged, and has ranged from a high of 1,185.3600 to a low of 1,157.9800.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,200.6091 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,187.4514 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,179.1995
SUPPORT 1,164.1404


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,175.6000


VOLATILITY
On 7/27/2010, GOLD Spot closed below the lower band by 8.8%.  


This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


Possible 2nd PulseWave Break-Down Continuation       WARNING - Possible Lower Volatility Band Breakout  Bearish Momentum Strengthening (Phase I)     


        SHORT ENTRY- 1,156.6110
   Profit Target 1,086.1566
   Stop Loss 1,186.7289


isk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

7/28/2010 - Gold Spot - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Tuesday, July 27, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Tuesday, July 27, 2010


Today's Price Action


Change  -22.9199 (-1.94%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened.  If the candle appears when prices are "high," it may be the first sign of a top.  If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance.  Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. 


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -27.13
Swing Vix:    -26.19


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 daysThe Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 55 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period low while the Swing Vix has not.  This is a bullish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if an upside breakout occurs.
      
  *Since the last Swing Vix signal, GOLD Spot's price has been unchanged, and has ranged from a high of 1,185.3600 to a low of 1,157.9800.


     MOMENTUM


     MARKET TREND - Currently the TREND is .There is currently no trend reading at this time.


        TREND STRENGTH - ,
There is currently no trend strenght reading at this time.


TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,200.6091 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,187.4514 




INTRADAY PRICE PROJECTIONS
RESISTANCE 1,179.1995
SUPPORT 1,164.1404


WEEKLY PRICE PROJECTIONS
RESISTANCE 1,203.8500
SUPPORT 1,175.6000


VOLATILITY
On 7/27/2010, GOLD Spot closed below the lower band by 8.8%.  


This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   
    
LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


Possible 2nd PulseWave Break-Down Continuation       WARNING - Possible Lower Volatility Band Breakout  Bearish Momentum Strengthening (Phase I)     


        SHORT ENTRY- 1,156.6110
   Profit Target 1,086.1566
   Stop Loss 1,186.7289



Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

7/26/2010 - Gold Spot - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Friday, July 23, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Friday, July 23, 2010

Today's Price Action

Change   -7.7100 (-0.65%) prices closed lower than they opened. with weak Bids going into the close.

MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -26.84
Swing Vix:    -27.78

The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.   
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. 

*The last signal was a Over-Bought Sell 53 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
     
  *Since the last Swing Vix signal, GOLD Spot's price has been unchanged, and has ranged from a high of 1,203.8500 to a low of 1,184.5000.

              MOMENTUM
 
     MARKET TREND - Currently the TREND is - Neutral within the Bullish KUMO Consolidation cloud (Possible Trend Reversal) with Downside Bearish Breakout risk. A close above 1,226.5000 is needed to re-establish the upward trend. However A close below 1,184.3850 will establish a new downward trend.

        TREND STRENGTH - THIS SECURITY IS NOT TRENDING AT THIS TIME!

TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,202.5251
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,195.1489

         INTRADAY PRICE PROJECTIONS
        RESISTANCE 1,199.4963
        SUPPORT 1,188.8538

       WEEKLY PRICE PROJECTIONS
       RESISTANCE 1,203.8500
      SUPPORT 1,175.6000


            VOLATILITY
On 7/23/2010, GOLD Spot closed  
above the lower band by 23.5%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.

     IN PLAY - (PANDORA'S LITTLE BLACK BOX)

LONG Signals :  
  
THIS SECURITY IS NOT IN PLAY AT THIS TIME!

SHORT Signals : 
       
 THIS SECURITY IS NOT IN PLAY AT THIS TIME!



Risk Disclosure

General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.

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BULLS make money... BEARS make money.... PIGS get slaughtered!

"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

7/23/2010 - GOLD SPOT - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Thursday, July 22, 2010

THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Thursday, July 22, 2010

Today's Price Action

Change    9.7200 (0.82%)
Strong Bids into the close.


MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -29.71
Swing Vix:    -29.67

The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    4 period(s) ago. The Swing Vix is below -29.  This is where it usually forms Support.  The Swing Vix usually forms Support before the underlying security. 
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. 
*The last signal was a Over-Bought Sell 52 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
        *Since the last Swing Vix signal, GOLD Spot's price has increased 0.17% , and has ranged from a high of 1,210.6700 to a low of 1,175.6000.
      
       MOMENTUM
     MARKET TREND - Currently the TREND is - Neutral within the Bullish KUMO Consolidation cloud (Possible Trend Reversal) with Downside Bearish Breakout risk. A close above 1,220.0149 is needed to re-establish the upward trend. However A close below 1,179.0150 will establish a new downward trend.
        TREND STRENGTH -
TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,203.0514
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,196.9598


         INTRADAY PRICE PROJECTIONS
         RESISTANCE 1,196.3618
         SUPPORT 1,185.4883

       WEEKLY PRICE PROJECTIONS
       RESISTANCE 1,217.8400
       SUPPORT 1,175.6000

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 1,604.6500
Long term Trend Line resistance is currently at - 1,265.0200
Long term Trend Line support is currently at - 1,095.2051
    
       VOLATILITY
On 7/22/2010, GOLD Spot closed  
above the lower band by 32.5%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)

BULL MARKET LONG/SHORT Signals :  

THIS SECURITY IS NOT IN PLAY AT THIS TIME!

BEAR MARKET LONG/SHORT Signals : 

THIS SECURITY IS NOT IN PLAY AT THIS TIME!



Risk Disclosure General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents. 

For Related news and other stories please visit - http://www.wideawakenews.com/ 
For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72 

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BULLS make money... BEARS make money.... PIGS get slaughtered! 

"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

7/21/2010 - *GOLD SPOT - THE VULCAN REPORT Review of GOLD Spot (XAU USD) as of Tuesday, July 20, 2010

 THE VULCAN REPORT
Review of GOLD Spot (XAU USD)
as of Tuesday, July 20, 2010

Today's Price Action
Change    9.0801 (0.77%)
Strong Bids into the close.


MARKET SENTIMENT
 
PulseScan Swing Vix

PulseScan:    -28.58
Swing Vix:    -27.51

The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    2 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.  
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. 

*The last signal was a Over-Bought Sell 50 period(s) Ago.

The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.

        *Since the last Swing Vix signal, GOLD Spot's price has decreased 0.08%, and has ranged from a high of 1,210.6700 to a low of 1,175.6000.
     
       MOMENTUM

     MARKET TREND - Currently the TREND is - Neutral within the Bullish KUMO Consolidation cloud (Possible Trend Reversal) with Downside Bearish Breakout risk. A close above 1,216.5801 is needed to re-establish the upward trend. However A close below 1,179.0150 will establish a new downward trend.

        TREND STRENGTH - 

TRENDLINE RETRACEMENT

The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,095.2051
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. - 1,203.9559
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. - 1,200.2310

         INTRADAY PRICE PROJECTIONS
        RESISTANCE 1,189.4725
        SUPPORT 1,179.6276

       WEEKLY PRICE PROJECTIONS
       RESISTANCE 1,217.8400
        SUPPORT 1,184.8000

MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 1,604.6500
Long term Trend Line resistance is currently at - 1,265.0200
Long term Trend Line support is currently at - 1,095.2051
   
       VOLATILITY
On 7/20/2010, GOLD Spot closed 
above the lower band by 23.7%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing.  However, a short-term pull-back inside the bands is likely.


     IN PLAY - (PANDORA'S LITTLE BLACK BOX)

BULL MARKET LONG/SHORT Signals : 

THIS SECURITY IS NOT IN PLAY AT THIS TIME!

BEAR MARKET LONG/SHORT Signals :

THIS SECURITY IS NOT IN PLAY AT THIS TIME!

 

The Value Of Gold: Three Things To Consider When Trading And Investing In Gold By Craig Turner

Of all the precious metals, Gold is the most popular as an investment and to trade. The value of gold is one of the most widely debated topics in the commodity and futures markets. Before you trade or invest in gold, there are a few things you should consider and recognize concerning the value of gold. These three topics are important yet not talked about enough by gold investors and traders. 1) Gold is a Store of Value Any asset that can be accurately priced and universally accepted for cash can be considered a store of value. Gold is one of the best known, and sought after, store of value assets. However, one must go a step further and ask, what value is gold a store of? The answer is Gold is a store of global wealth. Gold is worth the same price in New York, London, Tokyo and any other place with a functioning economy. They may be priced in different currencies, but after the currency conversion Gold is the same price all over the world. This means gold is a universal store of wealth. The most important thing to realize is that if the total wealth of the world increases, so should the price of gold. If the total wealth of the world decreases, so should the price of gold. Why? Imagine there are only 100 ounces of gold in the world and the total wealth in existence totals $1,000. If gold represents global wealth, then Global Wealth ($1000) divided by Total Gold Ounces (100) = $1000/100oz = $10/oz. Let's say the global economies and equity markets crash by 50%. Total global wealth is now only $500 (down 50% from $1000). What is the value of gold? $500/100oz = $5/oz. Gold has decreased in value as a store of wealth.

You might be saying to yourself "Wait a second; I thought if the stock market collapses then gold should rally. Isn't gold a hedge to economic collapse?" If it is one country failing, then yes, Gold is a hedge to for economic collapse. If only the US markets were falling compared to the rest of the world, and there is weakness in the economy and the dollar, then gold should be moving higher. However, if the entire global economy and equity markets are falling apart, gold will go down also. Take a look at this chart during the worst period of the 2008 financial crisis. Gold was trading over $1030/oz in the middle of 2008. Many economists and analysts think we hit rock bottom shortly after the fall of Lehman Brothers. Gold was trading down to $680 in October of 2008. Continuous Monthly Gold Chart 2008 If you cannot view the Gold chart, go here. 2) Gold is a Psychological Market Gold, unlike many commodities, has little real world production value. It is a soft metal with very few industrial uses. Gold is used most as a form of jewelry and a store of value. Crude Oil's value comes from the need for energy. Grain values are derived from the demand for food. Gold on the other hand has little functional use. We need the crude so we can keep the economy moving. We need grains so we can feed the world. We don't need gold for anything except jewelry and that the investment community places a premium on that particular metal. It is for these reasons why we call gold a "psychological market". One of the reasons the investment community places such a high value on gold, is because we have deemed gold a preferred vehicle for storing wealth. When investors are looking for safe havens for their money, gold is a popular choice. When risk and uncertainty become too great, investors choose gold over riskier asset classes. Gold will typically outperform riskier assets in times of crisis, as investors feel the need for security, perceived or real. Even in our above example, when Gold went down over 30% from high to low in 2008, the stock market went down over 50% from the 2008 highs to the lows after the failure of Lehman Brothers. Gold declined during the liquidity crisis of 2008, but it performed better than most asset classes in that time frame.

3) Gold is Currency for Governments & Central Banks Only

While you can make the case that Gold is Money, real world applications do not work out so well. Try going to your local convenience store and buying bread, milk and batteries with gold bullion. I've never tried it but you can bet your bottom dollar it would be a disaster for everyone involved.

Gold is a currency at the international level. Governments and Central Banks can use Gold as Money due to the transaction size and their financial sophistication. It is very unlikely that gold will ever be a currency in every day life. Even if the gold standard was brought back, we would still be handling paper money backed by gold.

The Value of Gold

So what is the value of gold? Gold prices are determined as a function of supply and demand. The supply is growing each year, as once gold is mined, it does not expire, rot, or get "used up" for industrial purposes. Demand for gold will always depend on the economic outlook. Inflation is the most well known driver in gold prices, as is weakness in the US economy and stock market. However, investors and traders need to know if the weakness is in the global economy, gold could decrease because global wealth is decreasing.

During the last great financial crisis in 2008, only the US Dollar, US Treasuries and the Japanese Yen appreciated as the ultimate flight to safety assets, while gold traded all the way down to $680/oz, down from over $1030/oz. Just because there are US Dollar inflation and US national debt concerns, or if there is economic weakness in the US economy that does not mean gold has to go up. Traders need to consider things like deflation risks, global economic conditions, and the physiological make up of the markets.

 Risk Disclosure

Risk Disclosure

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.


This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents. 


For Related news and other stories please visit - http://www.wideawakenews.com/
For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72


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BULLS make money... BEARS make money.... PIGS get slaughtered!


"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!