Gold Technical Pattern Target Hit
Gold has completed an inverted head and shoulders pattern and is pushing against some important resistance at the start of North American trading.
Analysis
Gold Daily Technical Analysis – Inverted Head & Shoulders In Play
A technical pattern is in play for Gold prices that suggests some upside over the near-term
Gold Price Daily Forecast – 100 Hour MA is in Play
The price of gold trickled lower in early European trading on Monday. A support confluence is currently being tested and stands to trigger a bounce.
Gold CoT Data – Net Long at 14-Month High
Quick Stats on Gold Positioning The net long position among speculators rose 28.1K contracts to…
Gold Weekly Price Forecast – Is Gold Breaking Out?
Gold traded at a 14-month high in the past week and threatened a breakout that could have had significant long term bullish implications. However, the yellow metal retreated in the late week to give back the entire weeks gain.