The shining metal breaks above $1,760. How soon the 2012 heights may be beaten?
The price for gold has tested the levels above $1,500
Information is not investment advice
The yellow metal reached the highest levels in 6 years amid the global risk aversion. The price has seen steady gains towards the $1,515 level. Now, bears are trying to pull gold down to the $1,473 level. The next support will lie at $1,455.
Canadian GDP growth will be released on Friday, May 29, at 15:30 MT time.
Australian Private Capital Expenditure will be announced on Thursday, May 28, at 4:30 MT time.
The EUR made a significant rise on the news of the stimulus expansion. Will it last long?