Gold is trading above $15.20 or 0.55% at $2789.38. Looking at the daily chart, takes the price up toward a channel trendline. If the price starts at move above the high $2790, we could see an easy run toward the next natural target at $2800.
- Since July 15, the price of gold is up 18.54%
- Since May 3, the price is up 22.49%
- Since the end of year closing level, the price is up 35.24%
This article was written by Greg Michalowski at www.forexlive.com.
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