Gold continues to grind higher through this 1780-1800 resistance area, with the market well supported by buyers on any dips and short covering.
The market hit a new rally high at 1799 overnight and is on the cusp of triggering a huge wave of buy stops which would propel the price well past 1800 and on towards 1900.
The jobs number from the US could be the push that the market needs to smash through this solid wall of resistance and see the bears in full retreat.
Today's video looks at the price action from yesterday and the big picture on the weekly chart.
The market hit a new rally high at 1799 overnight and is on the cusp of triggering a huge wave of buy stops which would propel the price well past 1800 and on towards 1900.
The jobs number from the US could be the push that the market needs to smash through this solid wall of resistance and see the bears in full retreat.
Today's video looks at the price action from yesterday and the big picture on the weekly chart.