Gold well supported, expect it to test US$3500
Read full post at forexlive.com
Via Standard Chartered on gold:
- Gold remains well supported above its 50-day moving average
- We expect it to test resistance at US$3,500
- 3 month forecast is US$3400
- 12 month forecast is US$3500
This article was written by Eamonn Sheridan at www.forexlive.com.
Leave a Reply