Make or break approaching for gold

The sideways shuffle continues with the early month lows at $1439 being tested again yesterday.

The lower channel line still awaits. The level today is $1438 but taking the current trend we may see it hit sideways at around $1460.

_gch4 08 05 2013

The 100 H4 ma is below at $1436 and is looking to catch any break attempts while above the 55 H4 ma at $1465 would be first port of call going up. The $30 range is still ongoing but it won’t last forever.

Best in 2026

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