- Gold Trading | July 21, 2016
If gold, currently at $1,320 an ounce, can meander around here for a while, that would be constructive. It might even need to fall a bit – perhaps as low as the $1,250s or $1,260s. Such action, if it occurs, could actually be positive in the grander scheme of things. Gold prices could just also keep on pushing higher. It’s a bull market & that’s what bull markets do sometimes, particularly golden ones.