Update: Gold achieves strong gains

Economies.com
2016-02-08 15:37PM UTC

Gold price rallied sharply upwards to breach 1182.80 level and settles above it, opening the way to test 1200$ barrier that represents the next target, as the price approached from touching it, reinforcing the expectations of more gains in the upcoming period, noting that breaching the last barrier will extend the bullish wave to reach 1219.70 on the near term basis.

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