{video} Gold continues to advance off recent support from a 1,932 corrective swing low, rising above Tuesday’s high of 1,963. It is also on track to close above Tuesday’s high. Not yet clear whether that swing low completes the retracement, but it may have. Further, gold has risen above the downtrend line and will likely close above it. An additional sign of strength will be indicated if it can also close above the 10-Day EMA (purple). Yesterday, the 10-Day line marked resistance at the high of the day. {chart} There is a higher price range for possible resistance if gold keeps rising. The range starts from 1,979 to ... (full story)