Gold Update for 15 January 2020

As you can see from the chart above, gold has been trapped in about a $100 trading range for nearly half a year between $1,450 and $1,550 an ounce, with the exception of two brief periods – between the end of August/start of September and most recently, as gold spiked as high as $1,613 recently before being quickly driven back again. Today, gold has ris…