Holding for the Sale of Gold
GOLD (US$/OZ) TVC:GOLD
1150 still looks to be a strong area of Buyers to get in on the sale of gold and buy cheap and take price back up.
Even with a sale of gold , the commodity is still an investment, seen as a safe asset.
For the time being, price has been stuck at around the 1200 price area, and could still contain sellers waiting to drive price further down.