Gold
Gold’s score remains the top bullish position on the EdgeFinder, but price is not moving this week. Equities markets are closed today in observance of the Juneteenth holiday, so volume might be low all around. There is also no news on the USD until Friday’s Flash PMI data report. Gold’s consolidation zone may be gearing to breakout, however. Any moves might not come until Friday, and a lower PMI would likely be bullish for the metal. If the metal breaks higher, it could run up to test the $2,387 level.

Data from the A1 EdgeFinder
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