trading412

Gold short-term short, long-term long

Short
FX:XAUUSD   Or / Dollar Américain
bearish over the short term (q1-2) but bullish over the long term. The dollar is set up to rally against the euro 0.12% , and as the largest portion of the dollar index -0.10% drives where it goes. A short term stronger dollar sets up for falling gold -0.03% prices, again just in the short term. After this dollar rally, we could see the dollar continue to fall in the mid-to-low 80s. This next leg lower for the dollar, along with the late-cycle angst adds up to a bullish case for gold -0.03% over the next year.
Targets:
1-2 weeks = 1300 -1315
1-2 months = 1250 - 1280
End of 2018 = 1400

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.