Gold is poised to make a run to new highs as trade tensions heat up

New Buy Entry Alert SPOT GOLD

Time Frame : Daily


Spot Gold is building as buyers show signs of holding price back above support around $1480. We are now happy to Buy on a push up through $1520.50 and hold the Stop Loss at $1485.00. If price pushes down through $1485.00 prior to entry, then cancel the alert and we will re-assess the action.

Commodity : Spot Gold

Current Price : 1505.05

New Buy Entry (Trigger Level) : 1520.50

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1485.00

Status : On watch for Buy Entry Trigger