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Gold's bull run isn't over: TD Securities sees next leg above $5,000

Source: kitco.com

Commodities & Raw MaterialsMarket Technicals & FlowsAnalyst Insights
Gold's bull run isn't over: TD Securities sees next leg above $5,000

Gold fell below the critical $4,300-per-ounce support level, signaling near-term technical weakness. However, a bank expects downside to be limited and sees conditions supportive of a renewed move above $5,000 per ounce, leaving the outlook mixed between immediate price pressure and longer-term upside.

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