Commodity Trade Mantra

Posts Tagged ‘China Demand’

Gold Price Prediction Based On Technical Analysis And China Demand

The average bull market in Gold lasted 434 days with gains of 94.89%. Projecting this historical average to the upcoming bull market, one might see gold top $2,315/oz by mid-2016. Nevertheless, the wild card China Factor may well fuel the price of gold in the next few years much above $2,315.

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