Gold To Test $1,350 In 2019, Risks Are To Upside

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.

- Source, Kitco News