Market Overview

Gold Futures Trading in Tight Range

Share:
Related GLD
Friday Market Wrap: Major Averages Close Week Mixed
Technical Alert: December Gold Futures Pop And Drop
Another reversal as stocks, bonds, commodities give up gains (Seeking Alpha)

After finding support just above Friday's low (1311.20), trading down to 1312, Gold futures rallied into the 1320 handle before retreating. A key level on the upside for the contract may be Thursday's high (1328.90), which coincides with the double top from October 7 (1329.50) and October 8 (1330.80).

Posted-In: Futures Technicals Commodities Pre-Market Outlook Markets Trading Ideas

 

Related Articles (GLD)

View Comments and Join the Discussion!