As we predicted in yesterday's blog update, gold held above 1750 and started to move higher again in the afternoon session, spurred on by a surging silver price. The 1750 level is key support and was in no danger at all yesterday as buyers came in swiftly on the dip to snap up more metal.
Gold is currently trading at resistance around 1778 and looking to move to new rally highs, continuing the strong momentum from the last few weeks.
Today's video looks at our targets for the next rally leg, and yesterday's price action in more detail.
Gold is currently trading at resistance around 1778 and looking to move to new rally highs, continuing the strong momentum from the last few weeks.
Today's video looks at our targets for the next rally leg, and yesterday's price action in more detail.