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GBP/USD continues its steady push higher after breaking key resistance from its 200-day average and with the June high at 1.2808/17 now cleared, analysts at Credit Suisse stay biased higher with next resistance next at 1.2894, then at 1.2977 and eventually at the more important long-term downtrend f

A combination of factors assisted gold to scale higher for the seventh straight session on Monday. Extremely overbought conditions on short-term charts warrant some caution for bullish traders. Gold maintained its strong bid tone through the first half of the European trading action and was last se

Gold is bid, but the upside is being capped near $1,918.  The weekly chart favors a move to fresh record highs above $1,920. Gold appears on track to set a new record high above the September 2011 high of $1,920, having carved out a bullish marubozu candle last week - a sign of buyers controlling t