Gold is testing strong overhead resistance just above the $1,800 level. How gold behaves now and over the next several weeks will determine its trajectory for at least the next 18 months.
We strongly expect that gold is set to break its all-time high above $1,923 per ounce within the next 18 months. However, a correction is due prior to that breakout. The question is: will the corrections start now, or will it begin from higher prices?
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.