Technical Analysis – Gold advances suppressed by all-time high

Gold maintains a horizontal trajectory pressed below the all-time high of 1,981 but is still in a strong bullish mode in the long-term picture.  A paused state of directional momentum is reflected in the Ichimoku lines as the price rests near the red Tenkan-sen line. The mixed signals in the short-term oscillators further reflect the stall in the price. The […]