Gold Still Trending Up For The End Of The Week Jan 05th

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Gold trending up for the week but closed lower on Friday. The 4, 9 and 18 ema are still all up. Am still watching for resistance around 1350.00 This information is provided for informational and educational purposes only and is not a recommendation to buy or sell any gold contract. Here’s the chart which is provided by Barchart.com

Gold Trading News For Friday Jan 05th

NEW YORK/LONDON, Jan 5 (Reuters) – Gold dipped in choppy trading on Friday as traders cashed in gains from the metal’s rally to 3-1/2-month highs this week and as the dollar rose even after weaker-than-expected U.S. payrolls data for December. The metal remained on track for a fourth straight weekly gain, something it has not done since April although it posted an annual increase of 13 percent in 2017. http://www.kitco.com/news/2018-01-05/PRECIOUS-Gold-dips-as-dollar-climbs-despite-lackluster-U-S-payrolls-data.html

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