Gold spiked to fresh multi-year tops, above the $1480 region • The trading range constituted towards the formation of a bullish continuation – rectangle chart pattern and with technical indicators on the daily charts holding in the bullish territory, the stage seems all set for an extension of the positive momentum • The yellow metal seems more likely to extend the ongoing appreciating move further towards $1478-80 intermediate resistance en-route the key $1500 psychological mark for the first time since April 2013 amid the global flight to safety • Email Now To Access Our Next SPDR Gold Trust (GLD) Algo Trade Alert: inquiries@ppchk.net
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