Thursday, November 19, 2015

investing in gold: Gold prices today ... trying to upward correction in conjunction with the weakness of the dollar

Investing in gold: After that the price of gold fell sharply two days before, try yellow precious metal that corrects upwards through yesterday and today where he was able to touch the level of $ 1082.90 an ounce on the rise significantly this afternoon in conjunction with the US dollar index dropped exceeded 0.50% despite an index Philadelphia manufacturing (November) positively exceeds the previous results and expectations.

The experts expect gold stay at levels close to 1050 dollars ahead of the decision to raise US interest rates in December, and the short term, the closest resistance for gold level is located at $ 1085.8 and breakthrough will transform the public-oriented to the positive and try to reach the level of 1,100 dollars, according to analysts' forecasts, On the other hand expect to break the $ 1075 per ounce gold will pave the way to get to $ 1054.