Vi bruker en rekke cookies for å forsikre oss om at du får den beste brukeropplevelsen. Ved kontinuerlig bruk av denne nettsiden, godtar du bruken vår av cookies. Du kan lese mer om policyen vår for cookies her, eller ved å følge linken nederst på alle sidene på nettstedet vårt.
Gold set for further gains
So far the price is replicating the action seen at the end of August, namely a rounding bottom near to the key $1300 level. The $1300/$1305 region is where losses have run out of steam since late June, with the support level being the resistance level from the end of April/beginning of May.
Now it needs to push through $1325 (the highs from 14/15 September) to confirm that the buyers are back in charge. Until the price moves below $1300 it looks like further gains are likely, but the strong uptrend of 2016 is beginning to look under serious threat.