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Gold’s Upside and Downside Targets

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Gold’s Upside and Downside Targets

Full Article: Gold’s Upside and Downside Targets

By: Przemyslaw Radomski

In yesterday’s alert we wrote that staying on the sidelines appeared to be a good idea for the next several days as the short-term outlook became more bullish, even though the medium-term outlook became more bearish (due to the USD’s breakout). Actually, at the moment when our yesterday’s alert was sent, gold and silver’s prices were below the entry prices, so the position was closed at a profit.

In yesterday’s session, not much changed – the USD declined a bit, while the opposite was the case with gold, silver and mining stocks. Nothing extraordinary took place.

 

Full Article: Gold’s Upside and Downside Targets

By: Przemyslaw Radomski

 

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