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Gold Targeting New Peaks

Price rallies as the USD is going down again, you can see that is almost to hit the 23.6% retracement level and the $1295 per ounce. A breakout from the extended sideways movement is favored after the aggressive jump above the 38.2% retracement levels. Technically is expected to climb much higher after the failure to retest the warning line (WL1).

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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