649bruno

Where Will Gold Be In Two Years ?

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I was asked where I think that gold-will be in two years.
My answer in printed on the chart above.
If gold-can stay above $1390 on a weekly chart, then a new up-trend is possible.
I would much rather wait until this happens than buy-gold today.
Until then, I see a sideways trading range, with downside risk if the Fed keeps raising interest rates.

May all of your trades go well. Don.
Great.

Thanks!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out