Spot Gold Breaks 320

  1. 328 Posts.
    Hi all,

    There was some concern that spot gold may stumble before reaching 320, thus re-confirming the short-term (daily) downtrend that commenced Sept 9. However, as I write, gold has traded as high as 321.10. In the medium-term (weekly) spot gold needs to break 324.30 to continue its uptrend. And on a longer-term basis (monthly), it needs to follow through 331.

    GK
 
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