darth.stocks

Gold: Diamonds are not forever II

COMEX:GC1!   Gold Futures
9
COT Data do not really provide a possibility to decide to which direction the movement will be. But if we assume another "average" Movement the upper Target will be at about 1290 and downside 1170. Also with the Gold / JPYUSD correlation and with JPY COT Data it is impossible to judge which direction to go. I keep my USDJPY Target in 3q17 in 120 Region - for gold this should mean a sub 1100 Target. 4q17 should se a correction of JPY ...
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