Gold Nears $1250, Breaks Key Technical Resistance As Trump-Turmoil Safe-Haven Buying Escalates

Gold’s initial spike after the NYT story last night has extended this morning with another heavy volume buying spike lifting the precious metal back near the $1250 level (and well above a key technical support level).

 

 

Breaking above its 50-day moving average

 

Silver is also running higher for the sixth straight day…

via http://ift.tt/2pVK5DY Tyler Durden

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