: Gold futures finish higher, up 5 sessions in a row

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Gold futures climbed on Wednesday to post a fifth session gain in a row. The precious metal “remains supported on the view that the days of [interest] rate hikes are numbered, but given the impressive gains over [the] past two and a half months, some would argue that much of the positive news is now priced in,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. However, gold has found support around $1,920, a level which had served as resistance in the past, he said, and “for as long as it doesn’t break the structure of higher lows and higher highs, the path of least resistance remains to the upside and…

This article was originally published by Marketwatch.com. Read the original article here.

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