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Gold price forecast....
Posted on 2/4/16 at 9:12 am
Posted on 2/4/16 at 9:12 am
Anyone have any thoughts on the price of gold? Looks like the dollar is sliding and thats causing the price of gold to soar. I suppose if the fed continues to push interest rate hikes, the dollar will continue to fall. Im a novice at all of this so forgive me....
3
Posted on 2/4/16 at 9:13 am to WGB2004
$1200
Posted on 2/4/16 at 9:16 am to WGB2004
$1450 +/- by early 2017 in a corrective move.
Then move down continues.
Personal prediction based on my own charting method.
Then move down continues.
Personal prediction based on my own charting method.
Posted on 2/4/16 at 2:40 pm to WGB2004
This 5 year chart makes me agree with the 99% of all mainstream economists and investor professionals who say hold <10% of one's wealth in precious metals.
I have close to value presently that in bullion & coins, otherwise I'd probably be bullish on gold or silver.
I have close to value presently that in bullion & coins, otherwise I'd probably be bullish on gold or silver.
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