James Moore Quotes

We closed above key levels and that was a positive signal for the market.

- James Moore

Tags

Closed | Levels | Positive | Signal | Market |

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The combination of jumping oil prices and weak U.S. economic data has triggered an end-of-week rally in the precious metals complex, with gold rising to just shy of $559. - James Moore

Further resistance around $1 020/oz is expected in the coming sessions although a break higher would leave little in the way of chart resistance until $1 040/oz. - James Moore

For now gold should find support back to $548/oz to $552/oz with technical support at $545/oz keeping the yellow metal within its current uptrend, while scaled up resistance should continue to be found ahead of $575/oz. - James Moore