Main scenario: consider long positions above the level of 1.2503 with a target of 1.3300 – 1.3500 once a correction is formed.
Alternative scenario: breakout and consolidation below the level of 1.2503 will allow the pair to continue declining to the levels of 1.2300 – 1.2000.
Analysis: the...
Main scenario: consider long positions above the level of 1891.87 with a target of 2022.28 – 2059.86 once a correction formed.
Alternative scenario: breakout and consolidation below the level of 1891.87 will allow the pair to continue declining to the levels of 1870.00 – 1836.74.
Analysis...
How to make a gold price forecast?
There are three key approaches to make a reliable gold rate prediction:
Fundamental analysis allows you to track changes in monetary policy and other factors affecting the price of precious metals. First of all, these are changes in the global financial...
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