Gold was on the leading edge of the first round of the reversal so be wary.
For gold traders, the move breaks the 200-day moving average but the late April high of $1306.77 is the more important resistance level to watch.
Gold with 200dma
Gold shoots above $1300, signalling another dollar squeeze?
Best in 2026
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
