Richart
Long

XAUEUR LONG

FX_IDC:XAUEUR   GOLD / EURO
29 0 1
8 months ago
Due to the weaker economy the ECB has to make a bigger move on prices. I expect a larger QE to come till the end of the year. I expect a weaker EUR in general

In addition, a "brexit" would increase the interest in GOLD             in the eurozone.
8 months ago
Comment: On the way up.
8 months ago
Comment: Well, due to brexit it was a nice trade.
7 months ago
Comment: It doesn´t matter what happens today.

If the ECB decreases interest rates or the rates for deposit facility rate, investors and Banks need to get their Money safe.

If the ECB does nothing, it is even worth for markets so GOLD will come up.
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