StephenHoad

Gold looking a bit toppy ahead of the French elections?

Short
COMEX:GC1!   Gold Futures
2
Still a lot of geopolitical uncertainty about and who knows what result the upcoming French elections may bring. All of which may favour further Gold bullishness. Currently though, looking a bit toppy at current levels and could be good for a move back to the key psychological level of $1250 in the shorter term?

Upside resistance $1300 area, downside $1250 then just above $1200.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.