| Gold investment prices slipped to 3-session lows beneath $1270 per ounce in London trade Tuesday, retreating 1.4% from yesterday's 1-week high as Western equities failed to follow China's stock market higher. Silver also erased Monday's pop higher, trading unchanged in Dollar terms from the end of last week at $17.13 per ounce.
"Major lows achieved across the complex," says a new chart book from the technical analysis team at French investment and London bullion bank Societe Generale – calling December 2015's gold price low a "major bottom" at $1045 per ounce. "Short term though, a shaky configuration [is] expected."..............................................Full Article: Source
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