Gold: Bulls Look Ready For Fresh Breakout Before Weekly Closing

 | Mar 22, 2019 09:36AM ET


Since my last analysis, on analysis of the movements of Gold futures, in different time frames, I find that gold futures look ready to break next immediate resistance of $1321 before weekly closing. No doubt that the gold bulls look too confident to take a steep upward move from the current levels. No doubt that Fed Policy decision has sparked precious metals with renewed energy which may encourage gold bulls to test new heights during the upcoming week.