Gold is still in my buy zone $920 area, having been up to $940s a couple of times in the last week.
It feels as if some Gold bulls are losing heart, but the technical picture hasn't changed in the longer term. The only caveat to that is the April/May rally has lost its imbalance and is now neutral centered around $930. Price needs to get above $955 to turn shorter term profiles bullish again.
Sterling Gold price has started to slowly rise and looks good technically, I will have a chart on that tomorrow. As you know I have been pushing buying Gold against sterling for a while now.
happy trading ......
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