(Kitco News) – Gold prices are holding moderate gains in late-morning trading Tuesday. The pause in price action earlier today invited fresh buying interest from bullish traders who expect more price gains in the near term. Gold prices hit a six-year high overnight. The gold and silver charts are fully bullish, suggesting the path of least resistance for the metals’ prices will remain sideways to higher. December gold was last up $6.80 at $1,483.30.
By Jim Wyckoff
For Kitco News
Contact jwyckoff@kitco.com
www.kitco.com
