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Research Results

Results for 'XAU/USD'

1 article with this tag name

Gold Update: $1,438 resistance thwarting recovery seekers

Updated  May 13, 2013 4:00:00 AM


Gold has managed to find its feet after dipping as low as $1,419 on Friday, its lowest level for three weeks. Indian celebrations ahead of the Akshaya Trittya festival that takes place today may have helped to put a temporary floor in the gold price, but the lacklustre recovery suggests that the bears still have the upper hand. We think that the market will be looking for selling opportunities especially as rumours grow that  [...] Continue Reading ...

Tags: Gold, XAU/USD

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