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  1. #1
    Legendry Member milos's Avatar

    Put option on gold 1 month expiry !!!

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    The expected price of gold at the end of 2014 will be in the range $1050- 1150  an ounce. As long as 1204 is resistance, likely decline to 1180 and  1160 in extension.

     

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  2. #2
    Legendry Member milos's Avatar
    Strengthening of the dollar came after the published excellent results of the service sector in the US has put pressure on the price of gold. It is included the last FED Meeting Minutes. The price of gold fell to the lowest level in four years.As long as 1175 is resistance,expect a return with targets 1130 and 1120 in extension.

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