Gold Ready For A Bounce Amid Sliding Equity Markets
Satendra Singh | Dec 23, 2018 06:39AM ET
There has been a series of global developments on political and economic fronts that resulted in enhanced uncertainty among the investors. As a result, investors are forced to run to a safe haven. The Gold futures look ready for a bounce from the current levels. A good gap-up opening would confirm the advent of ‘Volatile Moves’. No doubt, amid growing uncetainity in global equity markets, gold bulls will remain too eager to break immidiate resistance level at $1267 during the coming week. Let’s have a look at the expected moves from December 23rd - 31st, 2018 in the following charts:
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