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GOLD: approaching $1,800!

GOLD: approaching $1,800!

Information is not investment advice

Gold price broke $1,760 recently and is establishing itself now at these levels. The increased velocity and steeper curve of the bullish trajectory indicate that a further rise in this manner may take place up to the level of $1,780 putting finally beating the 2012 highs, but a further push will need more momentum. For this reason, we may expect bulls to keep pushing and make another $15-20 "in one strike", but then the price will likely stop to have a break. Reaching $1,800 is fundamentally inevitable and is nearing quite fast, but there will be few steps on the way to it still. Don't miss the train!

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