XAUUSD high rise coming. The exchange started a 2: 1 fractal copy. Friday's correction was an important part. My assumption is that the exchange rate will turn north and after a more sustained uptrend, it may reach the target price of 1800usd.
Do you not think price will pull bavk to around 1550 before reaching the month end target of 1700?
What are the areas to look for pull back or buying opportunities?
Wouldn’t coronavirus will have an impact on Gold’s bullish momentum?
meszaros
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@HussnainShah, Thank you for your question. My opinion is that this is no longer driven by coronavirus if you look at American futures interest pricing.