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Gold: Continues to See an Uptrend
The gold market initially tried to rally during the trading session here on Monday, but has struggled to break out above the crucial $4,400 level. I find this interesting because I'm starting to notice a pattern. Asia and Europe like gold, the Americans may not so much because it seems to turn around when it gets to Wall Street. We are at the top of the channel that we've been in for about four weeks now, and it does look like it is going to be a bit of a hesitant move to the upside. But I don't think this is necessarily the be-all end-all signal to start shorting gold.I think what this tells us is that it's going to ... (full story)
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- Dec 16, 2025 4:56am Posted byTechnical Analysis174
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