Gold may be ready to shine as buyer look to squeeze prices higher

Spot Gold Analysis

 

Commodity – Spot Gold

Gold has some long term price action that is pointing to a push up through 1370. There is still some work to do as buyers step in to soak up the selling pressure, but the charts are showing that the hard yards are being put in now. We are watching for a pullback to be soaked up at higher levels to build a potential buy entry setup.

 

Commodity : Commodity – Spot Gold

Current Price : 1334

Status : On watch for buy entry setup