August 17, 2020 at 02:59PM
Gold moves higher on the back of Buffett’s move into Barrick Gold
Spot gold up $26
For spot gold it is trading just off the high levels $1971.46. That’s up $26.34 on the day.
Technically, the price today moved above its 100 hour moving average (blue line currently at $1938.59). The price more recently has moved above the 50% retracement of the corrective move to the downside from the