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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (12949)	5/18/2015 9:52:08 AM
From: Goose94	Read Replies (2) \| Respond to of 202759

Gold prices managed to break above a key resistance point, hitting their highest level in three months; however, commodity analysts at Morgan Stanley remain bearish on the yellow metal and expect the latest rally to be short-lived. “Lack of inflation, emerging financial stability in Europe, and robust economic activity in the US are all bearish for gold,” they say in their latest report. The analysts reiterate that continued capital flows into the U.S. dollar will ultimately drive gold prices lower. They maintain that gold prices will trend lower over the next two years.