Daily Market Roundup – Gold heading higher, Outlook for ITV, BAT and Just Eat

Apr 12, 2016, 02:05 PM

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In today’s daily market roundup, we have Alan Green, CEO, Brand Communications, and Zak Mir, Technical Analyst, ZaksTradersCafe, discuss the outlook for Gold, the broker forecasts and look at the UK market stocks - ASC, MPI, Just Eat, BAT and ITV.

Key Points

Huge shortage of Gold, Price rise ahead?

Lot of consolidation seen in Gold prices, it is time that the yellow metal makes its run to the top

Michael Page International #MPI - Bouncing off the 50 DMA could be a good opportunity to buy in

ASOS #ASC - Most shorted stock but metrics remain solid, recovery ahead likely

Just Eat – scope for growth in the business, like Uber of food

BAT – Has seen a massive upside move, 44GBP a possible technical target

ITV – 280p target

forex, technical, stocks, equities, gold, metals, lon: asc, lon: bat, lon: itv, lon: mpi, just eat, macro, trending, usdjpy