USD1,270/oz is an attractive entry point for gold, he told CNBC-TV18's Sonia Shenoy & Reema Tendulkar in an interview.
Watch the interview of Jonathan Barratt, BarrattsBulletin.com with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his outlook on natural gas, crude and gold.
Jonathan Barratt remains bearish on Brent crude and expects it to correct to USD 100 per barrel.
Jonathan Barratt expects US debt ceiling concerns to put some pressure on Brent crude prices. He suggests selling crude on any rally.
At present, USD 1,375-1,380 per ounce is resistance for gold and USD 1,340 per ounce is support. If the yellow metal sustains above USD 1,370 per ounce, then it will trade back to USD 1,450 per ounce.
Jonathan Barratt of BarrattsBulletin sees more investments flowing into gold going ahead.
Jonathan Barratt, CEO, BarrattsBulletin.com explains, in an analysis on CNBC-TV18, that he is bullish on commodities and expects Brent prices to hold steady