Gold continues its peculiar and more marked rise. The metal continues its upward fluctuation in the channel launched in September 2008, when it became evident and intensify the effects of the global financial crisis. Currently the price is in full descent to support the channel can be located around 1.421. This is endorsed by the crossing of moving averages to forecast a decline in value but is expected to be slight given that other indicators like RSI does not seem to support this change. The latter is in a zone of indifference, more precisely at 49.89.
End of the year analysts predict an increase in the value of golden metal at close to $ 2,000 but for many this will not be the most important investors support the theory.
A fact that helps to raise the contribution shall be the purchase of gold by central banks of various countries increasingly see with better eyes back its currency with the golden metal.