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Bank of America Merrill Lynch: Gold Price Target Set at $1525-$1575

Bank of America Merrill Lynch: Gold Price Target Set at $1525-$1575

Bank of America Merrill Lynch: Gold Price Target Set at $1525-$1575. The best immigration news is available on the Worldway Investment Immigration official website.

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Bank of America Merrill Lynch released a research report on the 6th, maintaining its long-term bullish view on commodities and gold. Gold has currently broken through the resistance level of $1450, thereby completing two "inverse head and shoulders" continuation patterns, which will allow gold to continue its long-term upward trend. These two "inverse head and shoulders" patterns project an upward target of $1525-$1575.

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