James Moore Quotes
Year-end window dressing and physical (non-investment) demand from Asia ahead of the Lunar New Year look set to keep gold underpinned.
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Year | Window | Dressing | Physical | Investment |
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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.
- James Moore
Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.
- James Moore
