Gold - technical buy signal generated

QMG Pty Ltd
The spot gold price previously generated a technical buy signal @US$1235 on 9/1/15 and subsequently reached the minimum upside technical target located @ US$1290 on 21/1/15, completing the technical trade. As a result of the recent price action, a new upward reversal / upside break above key resistance has occurred, thereby generating a new technical buy signal. The potential now exists for a further significant rally to occur in the gold price from current levels.
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Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
Expertise

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.
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