Tue, May 24, 2016
A A A
Welcome vaishu
RSS

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

Gold looks bullish toward $1370, 1430: Barclays

Posted on 15 July 2014

Gold appears bullish towards $1370 per ounce and then $1430 an ounce levels, according to Barclays. It said that recent gains in precious metals look toppy. Therefore, selling on any gold price rallies is suggested especially when it is expected that legs of support to give and to expose gold on the downside.
“We caution against interpreting recent strength in investor flows as a long-term shift in sentiment, as gold still represents healthy selling opportunity,” according to Barclays………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 45982 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
May 2016
S M T W T F S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031