Barclays Capital's technical department is staying the course with respect to gold's long-term bull trend. Relying in part on Fibonacci analysis, Barclays says that the metal could make a new all-time high should it break above $1,400.
Another long-term bull, David Levenstein, is staying the course for more fundamental reasons. His list of bullish points include high levels of national debt, including U.S. Treasury debt, and strong physical demand in China and India.
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