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EconomicsGlobal
Dec 31, 2018 9:37 PM

Gold - Beginning to Shine? Long

SPDR Gold TrustArca

Description

As the markets move into 2019, it appears that gold (GLD) is beginning to get its luster back.

Gold prices have risen since bottom in early October, as market volatility and macro issues continues to plague the financial markets.

With strong technical patterns also confirming investors' bullish sentiment on the commodity, our price target for GLD is at $126.11.
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