Mon, Jan 26, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold prices supported by ‘three lines of defense’

Posted on 12 September 2013

Although gold prices have struggled to make new highs, strong technical support for spot gold at $1,350 to $1,355 an ounce helps to create a floor, at least for the short-term, say analysts,.
Ole Hansen, head of commodity strategy at Saxo Bank, said three technical factors make $1,350 an important support level, which is why it is drawing so much attention………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38958 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031