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Spot Gold Acts Surprisingly Resilient After Friday's Downside Reversal
I'm not sure what is driving the financial markets today, so far, but one interesting set-up continues to be spot Gold, which, off of Friday's downside reversal, could have inflicted more serious damage to its March-April advance ($1194.85 to $1269.57), but, instead, has held near-term support at $1245-$1240, and has turned higher, climbing to unchanged, $7 off of the intraday low...
As long as today's low remains intact at $1247.06, my overall bullish set-up, and anticipation of upside continuation to $1325 sooner than later, remains intact and viable...
