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Long

Long term direction for GOLD

FX:XAUUSD   Gold / U.S. Dollar
85 0 2
Its difficult to see where GOLD can go over the next few months (and years) other than up. We at Carleton Capital are in this trade at 1311 (see Technical Case for Gold             19th September).

I shall be posting an artricle about why Carleton Capital are heavily BULLISH on GOLD at a later date but from a technical and fundamental standpoint the case for increased GOLD strength is irresistible.

As we near the US Presidential Elections any opinion poll that has Donald Trump ahead will cause a surge in the exchange and an unimaginable Trump victory could see the yellow metal hit 2000 in no time.

For now though, we shall slide our STOP higher when the trade allows.
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