Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
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Park Avenue has over 30 years
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Rare Coin and Precious Metals.
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Gold's Close Above $1,460 Opens Door To $1,500, Says FXTM
If gold prices can confidently close above $1,460 an ounce, it may open the doors for $1,485 and then $1,500 an ounce, FXTM writes in a note to clients. “Gold is positioned to remain one of the prime destinations of safety this week as the horrible combination of US-China trade disputes and global growth concerns boost appetite for safe-haven assets,” FXTM senior research analyst Lukman Otunuga says. Gold’s technical picture is currently bullish and it is likely to stay that way for the near-term. “For as long as risk appetite is dented by global growth fears, trade drama and Brexit uncertainty among many other geopolitical risk factors, Gold bulls will remain in the driving seat,” states Otunuga.
