The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
Gold rally refuses to stop
Gold’s trend higher roared back into life last week, with the price this morning moving further above the $1337 level.
Now, $1360 comes into play. Possible areas of support are $1337, and then $1326. A move below $1307 is needed to suggest the broader move higher has ended for now.
.jpg)
