NEW YORK ( AppreciateGold.com) -- Gold has finally broken out if its recent range Tuesday. Gold futures for April delivery are trading up $15.10 as of this writing at $1593.20 per ounce.After trading in a range from $1,559ish to $1,585ish, gold has finally chosen a near-term direction after breaching overhead resistance at $1,585. This breach has clearly triggered numerous buy-stops thus driving price higher.
Where Is Gold Going?
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts