Gold is up over 1.1% in early trade on Monday and has climbed to fresh multi year highs around $1460.
Gold levels to watch:
The daily gold chart shows the bulls are firmly in control. Gold trades above its 50, 100 and 200 sma, and is not yet in overbought territory on the RSI. Gold has pushed through $1453 a six year high in early trade. A close above this level could see the yellow metal push on towards $1488, opening the doors to $1550. On the downside support can be seen in the region of $1438 prior to $1400.
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