Gold - Resurrection of the yellow giant
Markus Amstutz
Specialized for trading Commodity Futures & Equities I 23+ years developing quant.-Models I 15+ years experience in hedging & risk management I Winner of 40 Barclay Hedge Awards & 76 IASG Trading Awards I Trading Coach
As of today, gold has broken out to the upside - we will see in the future whether the breakout proves to be true. The most important price target in the coming days will be 2,600 dollars/ounce - if the price closes above this, then the 3,000 dollar/ounce mark will be targeted.