We took a close look at gold’s charts during this session because the futures were getting a nice boost for a rare second straight day. Bullion quotes are seldom moving higher mid-morning, when tutorial session are held. On this particular day, however, bullish technical signs were so compelling that they allowed a confident — and very tradable — forecast of even higher prices in the remaining hours of the session. For the record, the intraday high occurred just 30 cents, or three ticks, from the target we’d identified.
