Gold Jumps As Citi Says Gold Sell Off Over, Reiterates $2400 Targetby Tyler DurdenZeroHedge Jan. 04, 2012 |
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Wondering why gold has moved by over $20 in the last few minues? Wonder no more - according to a note just released by Citi analyst Tom Fitzpatrick, the gold correction "has run its course and a rally is now back on the cards." Granted it is not all smooth sailing - "Gold may drop to $1,550 before turning", but when the turn comes, Fitzpatrick sees it as going all the way up to $2,400. Read More |