Bank of America[2015-03-25]Bank of America merrill lynch, gold prices to $1300 at the end of May Bank of America Merrill Lynch, Bank of America Merrill Lynch) head of global technology MacNeil Curry that gold's rise has only just begun, the recent dollar correction will continue until the next few weeks, bond yields will fall at the same time, will receive gold continues to rise, to the end of may can break through $1300 an ounce level. Curry said that interest rates are lower, while the dollar could continue in correct, such an environment gold should rise. Curry is given chart, since November 2014 gold appeared a slightly the size of the correction. Recent heavy gold upgrade, and he pointed out that the inverse correlation between the gold and the dollar are broken, it is also for gold is bullish signal. Curry, said gold prices in November 2014 from us $2014 / ounce of up to 1 month's $1307 an ounce, the dollar index rose from 87.5 to 95. Curry said that over the next few weeks, the dollar and gold's inverse correlation can further be broken. The next important technical level, he argues, is a 200 - day moving average, which is almost $1238 an ounce level, after the break this level, the price will break through 1307 at the end of 5 levels. And pointed out that, from the point of price movements, the price will rise again. Global foreign exchange market, according to the center of Beijing time 9:07, spot gold at $1189.70 an ounce.