The gold market bulls have seen fits and starts in trying to sustain a price uptrend and push prices above strong layers of resistance that lie above the $1,350.00 area. This sideways trading action has been going on since the beginning of the year. Until there is a price “breakout” from the aforementioned trading range, look for more of the same choppy and sideways price action for the near term. I’m still giving the bulls the overall near-term technical advantage. Stay tuned!
