Mon, Feb 8, 2016
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 44370 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
February 2016
S M T W T F S
« Jan    
 123456
78910111213
14151617181920
21222324252627
2829