Wednesday 28 Sep 2016
THE PRICE OF GOLD jumped to new record highs for Dollar investors onFriday morning, peeping through the “resistance” identified byseveral bank analysts at last week’s peak of $1254 an ounce.
THEPRICE OF GOLD jumped to new record highs for Dollarinvestors on Friday morning, peeping through the “resistance”identified by several bank analysts at last week’s peak of $1254 an ounce.
European stock markets held flat but emerging Asia ended the week 3.6% higher
Formerly City correspondent for The Daily Reckoning in London and head of editorial at the UK's leading financial advisory for private investors, Adrian Ash is the editor of Gold News and head of research at BullionVault ? where you can Buy Gold Today vaulted in Zurich on $3 spreads and 0.8% dealing fees.
Gold is recovering from 1277 low but still showing a corrective personality because of an overlapping price action. Therefore we
Gold has extended it's gains well above 1300 mark in the last few weeks from 1251, triangle low. Notice that
Gold broke above 1300 mark, making an extended leg from 1251, triangle low. Notice that we have adjusted the wave
Spot Gold rocketed through all resistance to gain almost $80 in a day & reach 1365. This happens to be
Spot Gold tested resistance at 1335/37 to take profit as expected & saw a high for the day as predicted.
