Gold continues to find support on price dips towards $1,240

Gold continues to find support on price dips towards $1,240. Our view remains unchanged - dips are likely to be bought on the back of increased seasonal demand, low real interest rates and continued growth of global liquidity. After a slight pull-back in physical demand when gold moved towards $1,260 last week (and even some scrap selling), physical demand is positive
again and we believe supporting the metal.

Gold support is at $1,240 and $1,237. Resistance is at $1,254 and $1,260.


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I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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