EURUSD - Trends, Forecasts and Implications (Part 3) - page 555
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Gathering a consilium)))Who's thinking on gold?
I'd sell at 1350.
Gathering a consilium)))Who thinks on gold?
I was referring to the 1.27 level
At 1.27-1.28 the fate will really be decided
Who has a consilium)))Who thinks on gold?
From the technical point of view the growth is expected and testing 1450.00 is likely in the near term. Also a breakout higher towards the level of 1500.00 is not excluded. I think after that, there might be a drop down to 1400.00 and then to the key support at 1380.00 But only a strong consolidation below 1380.00 would confirm the trend change, taking the gold down to the 200 SMA. This picture can be seen in the lunar indicator as well.
What is your opinion ???
Hi !!!
From a technical point of view, growth is expected and a test of 1450.00 is likely in the near term. Also a break higher towards 1500.00 is not excluded. I think after that, there might be a drop first towards 1400.00 and then towards the key support at 1380.00 But only a strong consolidation below 1380.00 would confirm the trend change, taking the gold further down towards the 200 SMA. This picture can also be seen in the lunar indicator.
What is your opinion ???
http://shortmarket.blogspot.com/
I don't follow gold, but I heard a speech on RBC...it said that gold should reach the 1600 level and then correct to 1000 or 1100.
Excuse me, but how could a correction in gold to 1100 have an impact on the euro-dollar?
I don't follow gold, but I heard a speech on RBC...it said that gold should reach the 1600 level and then correct to 1000 or 1100.