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

Gold may hit $1400, Brent likely to see $100/bbl: Barratt

Posted on 29 October 2013

Jonathan Barratt of barrattbulletin.com sees precious metal gold rallying to USD 1400 an ounce. Meanwhile, he remains bearish on Brent crude and expects it to correct to USD 100 per barrel.
If we can stay above USD 1,350 I would be looking for USD 1,375 as the next target and maybe even up to USD 1,400. Crude has been under pressure for sometime and we have seen about a 10 percent correction. So, I would think that we are due for a bounce soon………………………………………..Full Article: Source


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