Gold Retreats From Highs

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June Gold futures are trading higher by $11.20 at $1230.50 in Tuesday's session. After finding support in premarket trading just above Monday's low ($1215.17), only reaching $1216 it began to move higher. The ensuing rally surpassed Friday's high ($1237.20), but stalled at $1238.80. Since making that high, it dipped under $1230, but found intraday support at $1228.30 and has returned to the $1230 handle.
Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas
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