Apr 22, 2013
Commodities Brief – Gold spot prices rally to 1421.00, crude testing 88.00 barrier
After retesting the 1400.00 support level on Friday, gold spot prices rebounded Monday, attempting to retrace a recovery towards the 1428.00 resistance level once again. Ultimately, a break above this resistance may extend the correctional even further, probably towards the 1460.00 handle. On the other hand, the bearish continuation scenario may evolve if price breaks back below 1391.00. During European trading today, the yellow metal has settled at USD $1421.27 per oz. in these moments on increased demand.
了解更多
Next