Gold price made a higher high yesterday closer to our target area of $1,240. Price has reached the equality target relative to the first leg up from August lows, but as long as we hold above $1,200 I will be expecting a move to higher highs.

Gold price finally broke out above the trading range its been in for at least a month. This breakout is a bullish sign and we could see prices move higher towards $1,240-60 over the coming weeks.

Gold price remains trapped inside the trading range. Gold price got back in the bearish long-term channel and continues to move sideways.

Gold price remains inside the trading range. Gold price made a move higher yesterday towards $1,207 but did not break above resistance of $1,211. Prices reversed strongly back below $1,200 at the upper boundary of the long-term bearish channel.