Gold Prices Continue Higher as Geopolitical Tensions Grow

Geopolitical tensions mount following a provocative and dangerous move by North Korea which fired yet another missile this time over Japan. The last time North Korea acted in such a reckless way was 2009, when they fired a missile over Japan.

This action sent gold prices gyrating wildly to the upside trading to an intraday high of 1331 last night. Many analysts believe that the next moves in gold will be predicated upon what President Trump does next. One thing is for certain and that is geopolitical tension in Asia has just exponentially.

As we spoke about on today’s video report we are suggesting that you raise your stops from below 1280 to below 1300.

There will be more to follow this afternoon when we complete this report with more details.

Wishing you as always, good trading,