I am not a big fan of websites putting titles on my work, but sometimes Gold-Eagle jazzes up the title from the Standard (per the title of this post, which is the name of the weekly slot they asked me to do).
So cringing a little, I present this week’s article to you…
Gold Price Rally is Looking Good Through January, But Resistance Looms
A reminder that I get no compensation for this article whatsoever. I get some exposure. So far I like doing it because it allows me to micro manage gold a little bit for a gold focused site, while not micro managing it here in the agenda free zone.
Gold and the precious metals sector remain in a still-intact short-term uptrend within a seasonal rally that could run through January.
However, the best of the short-term rally may already be in for [gold] as it tests key resistance at the September high which, you may recall, is the gateway to a new bull market (ref. long-term charts, with the actual key level being 1378).
Check the link for the full rundown on gold, silver, Commitments of Traders, etc.
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