Comex gold futures prices this week hit a 12-month high. Prices are trending higher and the gold bulls have the strong near-term technical advantage, which means the path of least resistance for prices remains sideways to higher in the near term. The next major upside target for the powerful gold bulls is the all-time record high of $2,078.80 an ounce, scored in March of 2022. That price level is within easy striking distance now. Stay tuned! Jim Wyckoff