GOLD / EURO
Long
Mis à jour

XAUEUR LONG

53
Due to the weaker economy the ECB has to make a bigger move on prices. I expect a larger QE to come till the end of the year. I expect a weaker EUR in general

In addition, a "brexit" would increase the interest in GOLD in the eurozone.
Note
On the way up.
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Well, due to brexit it was a nice trade.
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It doesn´t matter what happens today.

If the ECB decreases interest rates or the rates for deposit facility rate, investors and Banks need to get their Money safe.

If the ECB does nothing, it is even worth for markets so GOLD will come up.

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