James Moore Quotes
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. 
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Moment | Support | Continue | Resistance |
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The market for gold is very thin and gold is higher on a bit of buying. Gold could test $518/oz or maybe $525/oz today. The range for the rest of today, for gold, is likely to be between $518/oz to $525/oz. 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
