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Why gold's going to make a comeback
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Gold has been range trading for months. Despite a small upturn in the past couple of weeks, for investors it's desperately frustrating. But how prepared are you for a comeback?
Robin Griffith is the Chief Technical Strategist for the ECU Group. He explains that Chinese and Indian demand will soon start to increase. From a technical perspective he says the price has been following a 'reverse head and shoulders' pattern for some time but things are about to change.
Robin explains the levels to watch out for over the coming weeks. He says prices are generally lower in July but as we move into the second half, traders should be prepared for a rise.
Robin Griffith is the Chief Technical Strategist for the ECU Group. He explains that Chinese and Indian demand will soon start to increase. From a technical perspective he says the price has been following a 'reverse head and shoulders' pattern for some time but things are about to change.
Robin explains the levels to watch out for over the coming weeks. He says prices are generally lower in July but as we move into the second half, traders should be prepared for a rise.