The Gold Price made a short-term positive break by breaking upwards through the downwards sloping resistance level at $1700.00. (9th November 2022).
The Gold Price could potentially trade higher and test the resistance level at $1755.00 and if breached to the upside could test $1855.00, in our view. (9th November 2022).
Gold price is currently trading at $1874.00, and looks set to break higher targeting $1906.00 and then $1960.00, in our view. This report provides a technical analysis of The Gold Price.