You are here


Gold quickly approaching key resistance point

THE price of gold reached its all time high in September 2011, edging slightly beyond the US$1,900 psychological level. It took approximately four years for prices to gradually retrace to the 50 per cent Fibonacci retracement levels by end 2015, bottoming out at the US$1,045.27 level.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to