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Barchart

Jim Wyckoff

What Will It Take to Push Gold Prices to New Record Highs?

Gold United States BRICS China silver

The past six weeks have seen the gold (GCQ25) market trading in a sideways and choppy fashion at price levels not far below the record high of $3,485.60 scored in late April, basis nearby Comex futures (GCM25). The near-term and longer-term technical postures for the gold market remain overall bullish.

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