Gold: Rallies Again

From dailyforex.com

Gold experienced a remarkable surge in value during the recent Friday trading session, reaching an impressive $2,000. Yet, the outlook for the market is shrouded in uncertainty, as it grapples with a formidable resistance barrier. In fact, later in the day we have seen selling yet again, and now it looks like we continue to look at this as a “buy on the dips” market. The $2,000 level stands as a substantial challenge that could impede further upward momentum in gold prices. However, if this resistance is successfully overcome, it may open the door to a potential ascent towards the $2,100 mark. Such an event would ... (full story)