Technicals - Gold - potential for a sell signal to be generated

Angela Mangan

QMG Pty Ltd

The spot gold price is currently trading near key technical support located at US$1322. It has the potential to generate a technical top formation / generate a technical sell signal. A New York close below key support located at US$1322 is required to activate the sell signal, which if this occurs, would target a minimum pullback to US$1265.


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Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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