Technical Analysis Signals Gold Breakout

Technical analysis targets gold breakout to $1250 an ounce signaled by developing reverse head and shoulders pattern.

Is Gold Range Bound Waiting to Break Out?

Investors are unable to decide whether stock markets are in a bear market rally or that the ‘green shoots of growth’ that politicians are fond of telling us has become a reality.

The question we wish we could confidently answer is whether gold is range bound just waiting to break out?

Gold ETFs Hold Record Amounts of Bullion

It is estimated that by the end of last week Gold traded ETFs had increased their bullion holdings to a record of almost 1400 tonnes while sales of gold coins by the US Mint is running at double that of a year ago.