• Having held the very good support range from $845-873 Gold is once again showing some topside strength and looks to be breaking out of the consolidation in place since February.
• Good initial resistance is met at around $967 and above here the magic $1,000 level would come back into play.
• On the prior 2 occasions that $1,000 has been exceeded Gold failed to sustain a weekly close above that level. 3rd time lucky?
Gold
Linear Mode
