Gold Selling Opportunity at $ 1255 to 1260 Levels

Gold Selling Opportunity at $ 1255 to 1260 Levels

Neal Bhai Reports ~ Gold is very unlikely to beat 1260 for a long time. If we get anywhere near this level again it is an excellent selling opportunity but needs at least a 10 Point Stop Loss. I would not really feel positive about Gold unless we broke above 1280.

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Gold Surges to One Year High – Video

Gold Up Up Up Surges To One~Year High on Financial Uncertainty

In markets, there are always monsters in the dark—some real, some stitched together by imagination and fear. Right now, many currency traders appear to have been spooked by the spectre of the Federal Reserve losing its independence, haunted by talk of political meddling and looming economic weakness due to White House polices. These ghosts of institutional decay and “threadbare” doom narratives have crept into probability matrices across trading desks, pulling even seasoned hands off their compass bearings. Yet, in the middle of this haunted house, the dollar still stands upright—scarred, yes, but hardly broken.

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Spot Gold Hit Moonshot Target $ 1201.10

Spot Gold Hit Moonshot Target

Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases. Traders brace for the release of the US ADP Employment Change and ISM Services PMI data later on Wednesday.

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