Market Outlook

Poised Gold

Gold has been on a two month pull back and is currently at a key technical level on the charts.

The low at $1,846 created a bullish weekly candle which closed out last week. We have two touches around the $1,916 level which creates a significant level …. and if broken could mean more upside for Gold. If the US launches a new stimulus package however, gold could break lower.


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