Price is currently sat at a very strong resistance level, but we can see it breaking this level and pushing higher, our reasoning for this is the U.S economy is in a bit of a state £22 TRILLION in debt and unemployment on the rise... a recession is just around the corner.
Normally when the Economy is in a mess people run out and buy gold as it is somewhat of a safe investment, So we are expecting price to push higher.
You heard it here 1st ;p
Normally when the Economy is in a mess people run out and buy gold as it is somewhat of a safe investment, So we are expecting price to push higher.
You heard it here 1st ;p