4 Quotes by Lavan Gopaul

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.

It has been a yo-yo market over the past few days with amazing volumes.

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.

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.