| 07.10.2016 - Gold targets $1,200 level after breaking 2016 uptrend |
| Gold prices could pull back to as low as $1,200 an ounce after breaking out of their 2016 uptrend this week, according to analysts who study past price patterns to determine future direction. Gold crashed more than 3 per cent on Tuesday after breaking support at $1,300 an ounce, the lower end of the range it had been trading in since late June. The $1,300 level was also the May high and the September low..............................................Full Article: Source |