11.04.2014 - Why I reckon the gold Price will hit $1,425Ö
As far as gold goes, I would describe myself as cautiously optimistic. Letís not beat about the bush. I now have a target of US$1,425 an ounce and Iím hoping to see it by May. My stop is just below $1,275. If Iím wrong, I stand to lose about 30 bucks. Several factors have led me to this target. First, gold seems to be having one of those years where it follows the seasonal patterns. That is, a strong January with a small sell-off towards the end of the month. Then a strong February with a peak towards the end of the month, followed by a nasty March...............................................Full Article: Source
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