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Gold ox wave: "this is where the win really happens"



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(Kitco News) – Technical data points to more bullish momentum for gold, following an escalation of the trade wars pushing the yellow metal 2% higher on Friday, said Todd Gordon, founder of TradingAnalysis.com.

"The Up Target [is] $ 1,576 [an ounce for gold] I'm thinking of this move, and if this thing really gets going, the green arrow will point you to $ 1,708," Gordon told Kitco News.

Disclaimer: The views expressed in this article are by the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; However, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is for informational purposes only. It is not a challenge to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept damages for losses and / or damages resulting from the use of this publication.

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