meszaros

XAUUSD (For Long Term Investors)...

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I recommend this analysis to investors who are thinking over the years. The figure shows that gold builds a fractal channel. Its amplitude is twice that of the previous fractal channel. According to a fractal rule, it is then easily conceivable that the "response to a fractal correction" could double. Based on this rule, I now see the exchange rate moving to a sustained upward path within a few weeks. The target price for this increase may exceed 2000usd.

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