Gold & Silver Trading Alert: Gold’s Inconsequential Rally

by Przemyslaw Radomski, CFA
Gold Seek

Gold moved higher yesterday, but it doesn’t seem that it had a major impact on even the short-term outlook as even the short-term resistance line wasn’t broken. Consequently, the previous trends remain in place. Let’s take a look at the details, starting with the long-term gold chart (charts courtesy of

[…] Once again nothing changed from this perspective and what we wrote previously about the above chart remains up-to-date:

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