Technicals - Gold - potential for a sell signal to be generated

Angela Mangan

QMG Pty Ltd

The spot gold price is currently trading near key technical support located at US$1322. It has the potential to generate a technical top formation / generate a technical sell signal. A New York close below key support located at US$1322 is required to activate the sell signal, which if this occurs, would target a minimum pullback to US$1265.


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Angela Mangan
Technical Analyst
QMG Pty Ltd

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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