Gold Price Forms a Bullish Flag, All Eyes on US GDP Data
<div><img width="717" height="482" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png" class="type:primaryImage wp-post-image" alt="Gold price analysis" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27.png 717w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-300×202.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/Screenshot_1-27-150×101.png 150w" sizes="(max-width: 717px) 100vw, 717px" /></div>
<p>The US and Canadian data should move the rate today. A new higher high activates further growth. The bias remains bullish as long as it stays above the lower median line (LML). The gold price is trading in the green at $2,037 at the time of writing. The precious metal tries to resume its upside…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/21/gold-price-forms-a-bullish-flag-all-eyes-on-us-gdp-data/">Gold Price Forms a Bullish Flag, All Eyes on US GDP Data</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>
Leave a Comment