Gold medium-term view remains on track for $1,780-$1,800

Gold price is trading at $1,741 after a pull back from $1,758 to $1,723. Gold price has formed a double bottom at $1,677 and near the lower channel boundary. A move above $1,758 will be a confirmed bullish break out towards $1,780-$1,800. Blue lines – bearish channel Gold price has potential to reach the upper […]