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Gold: Holds Above $4,200 as Inflows Continue
The gold market has rallied a bit during the trading session here on Wednesday to break above the $4,200 level. The $4,200 level is a large round psychologically significant figure. At this point in time, it's worth noting that we are starting to pull back a bit from there and we are a little overdone. Ultimately, I think this is a market that will end up being one that short-term pullbacks are more likely than not going to be buying opportunities. The $4,000 level underneath should end up being a significant support level. And I just don't see a world where you decide to get short of this market, at least not at the ... (full story)
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- Oct 16, 2025 4:55am Posted byTechnical Analysis199
