Gold Price Forecast – Gold Markets Continue To Show Support Underneath – Yahoo Finance



Gold markets initially fell during the trading session on Tuesday but found enough support just above the $1600 level to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and if we can break above the $1650 level, we should see a nice move towards the $1700 level. Ultimately, this is a market that I believe continues to see a lot of support building, and that means we may get the occasional pullback. Those pullbacks should be thought of as buying opportunities though, because there are plenty of reasons that believe that there will be a drive into precious metals over the longer term.” data-reactid=”12″>Gold markets initially fell during the trading session on Tuesday but found enough support just above the $1600 level to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and if we can break above the $1650 level, we should see a nice move towards the $1700 level. Ultimately, this is a market that I believe continues to see a lot of support building, and that means we may get the occasional pullback. Those pullbacks should be thought of as buying opportunities though, because there are plenty of reasons that believe that there will be a drive into precious metals over
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