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Spot Gold: Retreating From Long Term Inflection Point

  • Writer: Lester Davids
    Lester Davids
  • Apr 7
  • 1 min read

Trade Gold with Unum Capital.

To get started, email lester@unum.co.za


The commodity traded slightly higher but has started to retreat from the ultra long term trend line resistance.


Spot Gold Daily Chart as of Monday 07 April at 22h52
Spot Gold Daily Chart as of Monday 07 April at 22h52

Previous Post (Friday 28 March at 22h11): Gold: Long Term Inflection Point


No, we are calling the top, however it may be worth noting that the commodity is trading around key inflection point.


A picture paints....



Lester Davids

Analyst: Unum Capital

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