April Gold futures are trading higher by $13.40 at $1223.60 per ounce in Tuesday's session. After a lower open, the bullion immediately bottomed at $1207.60 and began to move higher.
So far, the rally has found resistance a dime shy of Monday's high ($1226.90), only reaching $1226.80.
If the rally continues, there may be additional resistance at Friday's high ($1235.30). The highest close for its recent rally was made on February 11 at $1147.80.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in