After breaking above resistance earlier this year, gold has been using the $1,560.00 price level as support and has resisted falling below this level numerous times over the past few months. The commodity is currently lingering around this price, keeping gold investors on their toes.
Similarly, related ETFs like iShares Gold Trust (IAU) and SPDR Gold Shares (GLD) have also been teetering along relative support.
JUL



