The pullback into $1870 last week did not impact the longer-term uptrend in gold, which sees weaker U.S. dollar and lower interest rates as the two driving forces behind the gold price rally as it continues to expand its momentum.
Timeframes for long term targets on GOLD can be tricky to plot but once a break-out occurs, the dollars starts dropping off, we should see $2260 sooner than we think.
Timeframes for long term targets on GOLD can be tricky to plot but once a break-out occurs, the dollars starts dropping off, we should see $2260 sooner than we think.
