Wednesday, January 02, 2019 1:00:39 PM
The US$ gold price ended the months of June-2018 through November-2018 below its 8-month and 21-month MAs. However, the following chart shows that it gained enough ground in December to end the month and the year above these MAs.
The gold price relative to its 8 and 21 month MAs is far from an infallible indicator, but its December-2018 performance skews the odds in favour of additional strength over the next few months.
Dan 
Recent GOLD News
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
