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Gold Under First Upside Target

MultiBank Exchange Group
By MultiBank Exchange Group

Gold shines despite the USD’s growth and is almost to hit a major upside target. You can see that is very close to reach and retest the 38.2% retracement level, where he could find temporary resistance. Is trading above the $1280 per ounce and is expected to climb towards the $1295 per ounce in the upcoming days.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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