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Jim Wyckoff

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Gold bulls still in technical control

January 12, 2024 by Jim Wyckoff

The gold market bulls remain in near-term technical control as a price uptrend remains in place on the daily bar chart. There is also safe-haven demand fueling buying interest for the yellow metal, as tensions in the Middle East remain high. The path of least resistance for gold prices in the near term remains sideways to higher, but likely with a bit higher volatility in the near term. Stay tuned! Jim Wyckoff

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

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