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Gold: Caps Rally but Uptrend Intact
Gold remains choppy near the top of a major channel, with hesitation signaling a possible short-term pullback. However, the broader uptrend remains intact, and dips are viewed as buying opportunities amid strong central bank demand. Gold continues to be very noisy. I don't think people know what to do with it right now. We are at the top of a significant channel and perhaps getting ready to break out, but the real barrier isn't necessarily even the channel. I believe it's the $4,400 level. If we can clear that area on a daily close, that probably opens up the next big move higher. And I think that move is going to ... (full story)
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- Dec 17, 2025 4:48am Posted byTechnical Analysis264
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