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This quote is just one of 9 total James Moore quotes in our collection. James Moore is known for saying 'For the moment support should continue to be found back at $545/oz to $548/oz while resistance is seen at $560/oz to $565/oz.' as well as some of the following quotes.
Gold has found follow through buying in the post-COMEX and Asian sessions which has led it to a fresh 25-year high of $570.50/oz and in the current climate of inflationary concerns due to rising energy costs and geo-political uncertainties, particularly in the Middle-East, gold looks set to continue higher, targeting $575/oz and potentially $600/oz in the short-to medium term.
The firm start in the US might be the catalyst needed for a test of $575/oz, particularly with the IAEA due to reach its verdict on Iran which could mean sanctions and would not only heighten tension in the Middle East, but could create inflation concerns if oil output was curbed.
This quote is just one of 9 total James Moore quotes in our collection. James Moore is known for saying 'For the moment support should continue to be found back at $545/oz to $548/oz while resistance is seen at $560/oz to $565/oz.' as well as some of the following quotes.