The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
Gold has to go over $1264
Once again gold has recovered from a dip, but now it needs to move above $1264 to maintain forward momentum. A failure to do so risks creating a new lower high, which would raise the prospect of a dip back to $1250 or lower.
However, the uptrend remains intact if $1245 holds.
.jpg)
