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 going up again
A turnaround looks to be in place for gold, with the defence of $1240 leading to a bounce.
The next target is $1280 and then on to $1294. It would take a move back below $1240 to negate the positive outlook here.
.jpg)
