TradersClub

Gold is Bullish for now but for how long?

FX:XAUUSD   Gold/U.S. Dollar
134 0 1
We all know investors have been accumulating physical Gold             not reflected in the spot market price. In the near term investors want to see what the FED will do later this year. For now safe haven demand is still there. Come long term after a rate hike and the US economy holds, then we will see Gold             sold off and we may see $1000 Oz before 2016.

Neutral for now the main trend remains short.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out