SPOT GOLD TRADING TIPS – GOLD IS FORMING BULLISH PENNANT ENTRY LEVEL 1282—1279 SL 1274 TARGET PRICE $1297——$1302.
Gold Market Reaction
Gold prices have ticked downward following the news of unexpectedly weak inflation pressure, which is typically bullish for the dollar and bearish for gold.
Spot gold last traded at $1,281.20/oz, down -0.18% with a high of $1,285.44/oz and a low of $1,279.75/oz. June gold futures are trading up 0.04% at $1,281.90/oz.
Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
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