The metals continue to rise and are accelerating now past resistance levels nicely.
That said, I remain much more focused on leading stocks who are breaking out, not those coming out of corrections as the miners are.
Nearly everything, including the metals, are working well so enjoy it for as long as it lasts.
The trend is up.
***
Gold gained 2.23% this week and moved nicely past the $1,250 resistance area where the 50 and 100 day moving averages sit.
We should see this move take us back up to the $1,300 resistance level over the next few weeks.
This post was published at GoldSeek on Sunday, 23 July 2017.
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