Will Gold Price’s Next ‘Big Move’ Soar To $2,400 Or Collapse To $1,600? – Chris Vermeulen
The short-term momentum for gold is skewed to the downside, and Chris Vermeulen, chief market strategist said that a support level of $1,810 could be tested before the next ‘big move’ upwards begins.
However, if prices continue to trend below $1,810 an ounce, gold could fall all the way to $1,600.
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8:30 – Gold: support levels and long-term forecast
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