Gold bull wave: "This is Where the Gains Really Happen"

Technicals point to more bullish momentum for gold, after an escalation of the trade wars pushed the yellow metal 2% higher on Friday, said Todd Gordon, founder of TradingAnalysis.com.

“Upside target [is] $1,576 [an ounce for gold] I think in this move, and then if this thing really gets going, that green arrow would point you to $1,708,” Gordon told Kitco News.

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Name Last Change
DOW 26950.00 0.06%
S&P 500 2991.78 0.01%
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Resource Commodities

Name Last Change
Gold 1523.24 0.17%
Silver 18.65 0.21%
Copper 2.61 2.612
Platinum 901.00 0.67%
Oil 58.64 0.94%
Natural Gas 2.53 0.28%
Uranium 25.53 0.59%

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