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Jim Wyckoff

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Gold Pops to 7-Month High, Keeping Price Uptrend in Place

January 28, 2019 by Jim Wyckoff

The gold market last Friday popped sharply higher, hit a seven-month high and also closed at a technically bullish weekly high close. The bulls also managed to keep a price uptrend in place on the daily bar chart, after trend-line support had been challenged recently. The path of least resistance for the yellow metal remains sideways to higher and the bulls now have momentum on their side. Stay tuned!

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

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