iiTrader Chief Strategist Sees Gold Rising to $1,300

Bloomberg/04-04-17

Bill Baruch, chief market strategist at iiTrader, and Bloomberg’s Vonnie Quinn examine gold prices rising to their highest levels since the U.S. election.

“If gold gets out above $1270, I think it could really run.” — Bill Baruch

PG View: Baruch notes that a move above $1270 could lead to a “golden cross” — where the 50-day MA moves above the 200-day MA — leading to more buying interest.

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