Gold is up by 0.5% to three-month highs today
- Gold looks to be ending the year on a stronger note
- Gold's year-end push gathers pace amid weaker dollar
The gold train continues to march forward as price surpasses the resistance region around $1,512.44 to $1,519.65 and is now looking towards the September high @ $1,535.73 next.
The run higher continues to be fueled by the seasonal pattern and comes despite headlines that we're getting closer towards a US-China trade deal signing this coming weekend.
Add to the fact that January seasonality suggests further gains for gold, it would look even better if buyers can clear key resistance from this year's high @ $1,557.11. That will allow for further momentum to the upside as the technicals line up with the seasonal pattern.
