Gold Trades to New High in Tight Range
Prepared by Jamie Saettele, CMT
Gold eked out a new high today as the market (like most markets) has experienced quiet consolidation this week. Keep the highs from February (1790.55) and November 2011 (1802.80) in mind but today’s new high and immediate selloff is consistent with additional sideways / downside action.
LEVELS: 1715 1737 1747 1791 1800 1825
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