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Upside in gold: Lambert
Clive Lambert of FuturesTech is looking to buy gold. He says that gold has found support at a key area at $1,200-07/oz.
Lambert says that this is a Fibonacci support level as well as well as previous support level.
He is looking to either buy a dip to $1,207-10/oz with a stop below $1,200 or buy a break above $1,223-25/oz with a $10 stop.
Clive Lambert's targets are $1,240, $1.265 and $1.300/oz.
01:25 minutes
Tags: clive lambert futurestechs, commodities, futures, gold, jobs data, jobs report, nfp, saxotradergo, tradingfloor saxo bank
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