Spot Gold: Where To Buy / A History of Flushes

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Published on Saturday 18 July, for Monday, 20 July.

Bottom Line: Gold recent history of price flushes created opportunities to buy. With lower highs and weekly close at the lows, a flush below support may create an opportunity to accumulate on significant weakness. The provisional range is show on the chart below. This level is also in line with the lower boundary of the channel support.

Lester Davids

Senior Investment Analyst: Unum Capital