Here is what I think. We all know the interest rates are now going to stay unchanged for a while, at least for June and very likely July. Likely chances of Brexit to happen is 50/50, (if I am reading and hearing the right stuf). So where does Gold
go? Right now, Gold
is indeed one of the best safe heaven for investors and chances are price will move up until 23rd.
Here are the likely targets
1317, 1330 and likely 1355. If it breaks, we may see the price hit 1400. Be cautions though direction may change on 23rd if Britain stays in Europe.