Bullish Momentum For Gold Remains
San Francisco (Feb 2) Despite gold’s recent correction, Triland Metals analysts say its bullish momentum still remains. However, “cautious eyes are shed over the weak commodity markets and the dramatic moves witnessed in oil today where a short squeeze was finally witnessed, how long this lasts will be telling,” they add. The report says that gold has found decent support and they expect prices to steady around $1,275 an ounce, for now.
Source: KitcoNews