Gold takes aim at key resistance as the weekend approaches ...Middle East

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Gold takes aim at key resistance as the weekend approaches
source : forex live ( Middle East ) () 30
There is a bit of a flag pattern forming in gold as price action continues to sit near fresh record highs this week. There was an attempt to breach the key resistance region around $2,475-80 on Wednesday but buyers cooled off after. And after a slight setback, they are quickly turning things around again as we get closer to the weekend now.As the Fed looks to cut and yields are weighed lower, the simple case is for a bullish argument for gold. That being said, the technicals are another thing. There has been almost no semblance of a pullback since the surging run higher in March this year.Sure, there was a bit of a consolidation from mid-April to end-June. However, it's not exactly a retrace

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