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W resources plc

Multiple Factors Shape A More Bullish Market Sentiment For Gold

There is solid support for gold as multiple factors shape market sentiment resulting in a much more bullish undertone. For the second day in a row gold is trading moderately higher, gaining over six dollars today matching its gains yesterday. This is following last week’s tepid action resulting in a defined and narrow trading range which technically speaking, formed a base and level of support just below $1300 per ounce.

W Resources PLC (LON:WRES) is building a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.