15.06.2016 - How gold prices can top $1,300 an ounce for good
Gold’s narrow trading range — already four months old and counting — is likely to continue for awhile. That’s because current sentiment conditions don’t support a rally that will take gold significantly above the upper end of that range, currently around $1,300 per ounce. To be sure, gold-market enthusiasm has risen steadily over the last two weeks as gold bullion has rallied $75 per ounce and gathered momentum that, in some eager gold bugs’ eyes, is enough to propel it above the $1,300 level for good...............................................Full Article: Source
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