- Category: Shine Times
Sharp falls in the gold price lead to predictions it will go below $1,000 an ounce.
Bears, or maybe just pessimists, have begun to claim the bull market for gold will soon come to an end. “Our technical analysis suggests one of two possibilities. That the bull run is over and the price will eventually work its way down into the $700 to $1,000 range – or one final high lies just ahead before that large correction towards $1,000 will begin,” said Brian Dennehy of independent financial advisers (IFAs) Dennehy Weller.