Commodity Trade Mantra

Posts Tagged ‘Bullish Gold Forecast’

Gold - Technical Picture Looks Increasingly Supportive Of A Sustainable Bull Market

By this time next year, gold prices could be challenging or even surpassing the yellow metal’s all-time high of $1,924 an ounce reached in September 2011. The technical picture looks increasingly supportive with buyers ready to accumulate both physical metal and paper proxies just under the market – suggesting that we are now in sustainable bull-market territory.

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