Since our last look at the spot gold price on 26th January when many so “experts” were predicting an imminent price collapse the metal appears to have regained its mojo and is trading at time of writing at $1402 per ounce and will soon be looking to re-test the $1420 resistance area in due course.  You can find a more detailed technical analysis for both gold and silver on my annacoulling personal blog, where you will also find analysis for both the forex and equity markets.  Happy trading!

Gold – the ultimate hedge