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Jim Wyckoff

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Gold bulls seek more upside

January 23, 2023 by Jim Wyckoff

See on the daily bar chart for February gold futures that prices are in a solid uptrend and recently high an eight-month high. The yellow metal bulls have the solid near-term technical advantage to suggest more upside in the near term. There are no early chart clues to suggest a market top is close at hand. I would not be at all surprised to see gold prices hit a record high sometime this year, which is $2,078.80, basis nearby futures. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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