Gold Trades Higher Today Jan 04th

Gold traded higher today and the 4, 9 and 18 ema are 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 Today

Gold prices hit a three-month high on the last trading day of 2017, drawing curtains on its best yearly performance since 2010. Notably, spot gold was up more than 12% last year. The bullish momentum has continued in 2018 so far with gold currently trending above the psychological level of $1,300 an ounce. The rally has been fueled by a weaker dollar and renewed safe-haven buying prompted by heightened geopolitical tensions. https://www.zacks.com/stock/news/287856/gold-kickstarts-2018-on-a-high-4-growth-gold-stocks-to-buy

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