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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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Gold - Approaching $1300

Gold is lying in a short-term uptrend channel. The metal keeps on increasing. Support is given at 1208 (28/03/2016). Resistance at 1284 (11/03/2016 high) has been broken. Expected to reach 1300.

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

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