Anna Coulling's financial forecasts and market analysis...
"... [Gold] price action over the last few days, with each daily bar closing with a higher low, giving a clear signal that any breakout from this range is likely to see gold move firmly higher in due course, and well beyond the $1800 per ounce region, last seen in February earlier this year. This bullish momentum has been given a further boost with strong buying volume now appearing on both the daily and the three day chart, and on the slower timeframe in particular, the selling volume in red, has now been replaced with buying volume, both yesterday and today.
"In addition, throughout this period, the three day trend has remained firmly bullish, and with the Hawkeye Heatmap also confirming this sentiment, we can now expect to see gold futures break out from this trading range in due course. Indeed in yesterday’s gold trading session this was further confirmed with a conservative Roadkill signal, suggesting that any breakout is now imminent. Once clear of the current price region, we can expect to see a further move higher in ..."
Click through for the rest of Anna's analysis.