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 27219.50 0.14%
S&P 500 3007.39 0.07%
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Resource Commodities

Name Last Change
Gold 1483.20 0.94%
Silver 17.36 3.97%
Copper 2.68 2.681
Platinum 901.00 0.67%
Oil 54.85 0.44%
Natural Gas 2.61 1.53%
Uranium 25.05 0.00%

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