http://quote.bloomberg.com/apps/news?pid=10000080&sid=aZHWO9FObczU
Extract:
"The extent of long liquidation in the gold market has not lived up to our expectations and unless we break below $432 an ounce, it may not now occur,'' Andreas Maag, an analyst at UBS AG in Geneva, said in a report today. ``We have decided to upgrade our short-term gold price forecasts to $440 an ounce in one month and three months,'' Maag said.
