Gold Price forecast for the week of July 3, 2017, Technical Analysis

Gold markets fell significantly during the week, but found enough support at the uptrend line to turn things around and break above the $1240 level. This is a market that continues to be very bullish, and if we can break above the top of the range for the week, I feel that the market then goes looking for the $1275 level above. A break above there then sends go looking for the longer-term target that I have, $1300. I believe pullbacks continue to offer value, as the market has been very bullish.

Gold Technical Analysis Video 03.7.17