NCM 0.00% $23.35 newcrest mining limited

Gold prices are set to rise next week as positive technical...

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    Gold prices are set to rise next week as positive technical price charts for gold could push the precious metal higher next week...

    Frank Lesh, broker and futures analyst with FuturePath Trading, told Kitco: "The market is climbing up a trend line and the 20-day (moving average), and does look like it wants to trade higher. When it trades through $1,280, there should be a quick move to $1,300-plus, maybe $1,313 or even $1,335. The dollar remains as the most important influence for gold, but the correlation to equities seems to be lessening somewhat.

    From: http://www.ibtimes.co.uk/gold-prices-rise-further-amid-china-data-yellen-speech-1435652
 
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