Gold in uprise.
Next resistance is set at 1930 dollars. Above this level market can retest 1980 dollars and very likely to set a double top at 2080 dollars.
Support on medium term is set at 1850.
Spread Gold vs Eurostoxx
Spread is going higher (i.e. Gold stronger than Eurostoxx).
Market is going towards our targets set few months ago, levels are:
- 0,4850 (+3,5 % from last price)
- 0,5213 (+11 % from last price)
DEMARK still neutral to bullish at current levels.