Gold Surges Above Key 200-Day Moving Average $1270 Level


Gold prices surged another 2% to a five-month high above $1,270 amidst geopolitical uncertainty and weak US economic data.

The break above the 200-day moving average has cleared the way for a run towards $1,300/oz. It means that gold continues to be one of the best performing assets in 2017 with gains of 10.3% year to date building on the 9% gains in 2016.

http://www.gold-eagle.com/article/gold-surges-above-key-200-day-moving-average-1270-level


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