Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Gold bull wave: "This is Where the Gains Really Happen"

Technicals point to more bullish momentum for gold, after an escalation of the trade wars pushed the yellow metal 2% higher on Friday, said Todd Gordon, founder of TradingAnalysis.com.

“Upside target [is] $1,576 [an ounce for gold] I think in this move, and then if this thing really gets going, that green arrow would point you to $1,708,” Gordon told Kitco News.