Price action on Gold (a daily chart of which is shown) as of Monday (4/25/2011) has continued its bullish stance after having broken out above its 1500 resistance target late last week, establishing yet a new all-time high above 1517 in the process. This follows on the heels of a week of almost daily record-breaking highs. For more technical analysis on gold, please click here for Monday’s (4/25/2011) Chart of the Day.
James Chen, CTA, CMT
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