XAUUSD Gold Could Climb another 40% to $2200/OZ

I Am Very bullish on gold because of the looming threat of a 2020 recession and i believe that with gold skyrocketing in 2019 it could go as high as $2200 per ounce in the next 24 months, WHY? because there is less gold now then there was in 2007-2009 aka the last recession so as the supply of gold slowly shrinks demand grows and the price will go higher and the threat of a recession also pumps up the price too, but we still have resistance points at $1540-1550, $1770-1780 and the biggest one at $1880-1915 so also have a little caution as well

Commentaire:

Well it's been over 4 and a half years but Gold has finally hit my initial target on March 28th, 2024: