Gold Should Resume Uptrend in 2013
euchaneletyGold retreated for the first time in 4 days as the market awaited the December FOMC meeting. While, in the near-term, the yellow metal is expected to continue hovering around the recent trading range of 1700-1750, we remain bullish over its outlook and believe aggressive monetary easing by the ECB and the Fed in 2013 should trigger resumption of gold’s rally with the target of 2000/oz.
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Gold Should Resume Uptrend in 2013
