Home Precious Metals Prices Gold To Test $1,350 In 2019; Risks Are To Upside – Source...

Gold To Test $1,350 In 2019; Risks Are To Upside – Source – Kitco News (02/18/2019)

Risks for gold are skewed to the upside as the yellow metal has already seen its lows in 2018, said George Milling-Stanley, Head of Gold Strategy at State Street Global Advisors. “I think we’ve tested the downside a good deal in 2018, my guess is that what we’ll do is test the overhead resistance during the course of 2019. I’m seeing prices at or above $1,350 level sometime during 2019. I think the risks are all to the upside right now for gold,” Milling Stanley told Kitco News.