-
Gold Price Weekly Outlook: Gold Goes ’Boom’ – More Room for Rally?
Gold Prices Break out to Fresh Five-Year-Highs Last week brought a familiar scenario into the mix. Gold prices held resistance at a key area on the chart after what had become a strong two-week-run. Price action showed a long-legged doji on the weekly chart, often indicative of indecision and when printing on the top of a trend, something that may open the door for bearish reversal potential. And this even showed up at a precarious area on the chart, as that batch of resistance had held the highs through many similar themes over the past five years.But this week – this week was unlike any of those instances in the ... (full story)
