Gold prices are trading within a steady, narrow range as investors consider the ECB’s cash injection tomorrow, which analysts are predicting could be as much as EUR500 billion worth of liquidity. According to one gold analyst, the more liquidity the better, as gold prices will continue to rise so long as the world’s central banks continue this easing pattern. In the short-term, however, it would appear that the $1800 level presents a key barrier to overcome and recent close skirmishes still failed to breach it. On OpenBook, gold is currently trading at 1775.50 per ounce, and sentiment is heavily bullish. Read more
