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What’s the real gold price?

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Gold prices have finally seen some reprise throughout Tuesday's trading session, yet the road to more advantage may be a rough one, this according to Todd "Bubba" Horwitz, primary market planner of BubbaTrading.com.

" Prices may hold for a while, but they still do not look all that fantastic. Remember, we're still 20% from our all-time highs in gold and absolutely 90% from our all-time highs in silver," Horwitz claimed. "This is just a little of a capture today, however until it really lasts as well as reveal me it can go, I'm going to hold limited."

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What’s the real gold price?

Gold prices have finally seen some reprise during Tuesday’s trading session, but the road to further upside may be a bumpy one, this according to Todd “Bubba” Horwitz, chief market strategist of BubbaTrading.com.

“Prices may hold for a while, but they still don’t look all that great. Remember, we’re still 20% from our all-time highs in gold and certainly 90% from our all-time highs in silver,” Horwitz said. “This is just a little bit of a squeeze right now, but until it really lasts and show me it can go, I’m going to hold tight.”

__________________________________________________________________
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.