Gold breaks trendline and heads into key resistance
Gold has managed to break through a descending trendline as it continues the recent uptrend. The price is now heading into the $1300 resistance area, and it will be the ability or inability to break that level which will dictate trade today.
Should the price push through $1300, then it would bring a wider bullish outlook for gold. However, a failure to do so could see the price move lower from here.