Radio Sangam

The M11 in Essex is closed northbound between J8 (Stansted Airport) and J10 (Royston) due to an earlier HGV fire which occurred just after 17:00 yesterday afternoon. The HGV was carrying around 44 tonnes of hay bales which also caught fire. Vehicle recovery work has been completed, further clean-up work and resurfacing will also be taking place prior to re-opening the carriageway. 25 metres of road will have to be resurfaced. A diversion route is in effect following the Solid Circle symbol led diversion to exit the M11 northbound at J8 to take the second exit at the roundabout and continue along the A120 to Little Hadham. Continue along the A120 through Stanton to the A120/A10 roundabout. Take the third exit at the roundabout and continue along the A10 to the A10/A505 roundabout at Royston. Take the third exit from this roundabout and continue on the A505 to re-join the M11 northbound at J10.Road users travelling to Stansted Airport are advised to allow plenty of time to complete their journey plan as the diversion route is some 30 miles in length. Last updated on: 20/07/2018 07:23

There are severe delays on the M1 in Hertfordshire between J9 (Harpenden) and J8 (Hemel Hempstead) due to a collision. Hertfordshire Police are at scene completing investigations into a collision that happened earlier today. Traffic is passing the scene using the hard shoulder at this time. Road users are advised to allow additional time for their journey and to consider alternative routes at this time. Last updated on: 20/07/2018 07:06

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Gold prices continue to press near four-year highs at $1366 while silver prices are unable to rally. The Elliott Wave analysis along with this divergence in price behavior suggests a bearish reversal may occur near current levels.

Gold prices recent break above $1357 indicates we may be in a big 'B' wave according to the Elliott Wave principle. Our gold price forecast is for a bearish reversal to occur soon.

The gold price forecast is bullish so long as trade is above $1262 for a target near $1293 in the coming days.

Crude oil prices may fall while gold prices find support in falling bond yields as sentiment sours across global financial markets.

The Australian Dollar braces for local inflation data, US GDP, an ECB rate decision and the threat of trade wars. Combining the risks creates for a rather bearish fundamental forecast.

Gold prices stand at risk of making a run at the July 2017-low ($1205) as recent developments in the RSI suggest the bearish momentum is gathering pace.