Gold eyes 2700 with potential bull-flag breakout

Gold futures look set to have another crack at 2700 over the near-term, given the strong rebound from the 2650 area on Tuesday and the tight bull-flag pattern developing on the intraday chart. Whether it can simply break to a new high is likely down to whether tensions in the Middle East escalate further.
breakoutFlagGC1! (Gold Futures)GoldgoldanalysisgoldpredictiongoldpricegoldsignalSupport and ResistanceTrend AnalysisXAUXAUUSD

Also on:

Related publications

Disclaimer