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UnknownUnicorn3954476
Mar 5, 2020 7:02 PM

Gold 1920 - Easy Long

GOLD / U.S. DOLLARICE

Description

If the current easing continues, balance sheet expansion, QE, interest rate cuts (to hold the economy up during COVID-19 outbreak) then we should easily see above 1920..

However, if the market genuinely tanks and we enter a recession, gold will temporarily fall with equities too. But shouldn't expect much of a drop below 1525.
Comments
AdamGFX
Thanks for putting this info out there!
probir17
Good analysis!!
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