meszaros
Long

XAUUSD 10% accelerating rise...

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The exchange rate is at the beginning of an accelerating range. A strong rise and acceleration of movement is expected in this range. This is further indicated by signs. Increasing ATR axis (white dashed line) and exponential price increase indicated by red dotted line. The next target price is 1583 usd.
If this does happen this would likely mean $20+ XAG soon?
The timing is interesting since Platinum/Palladium ratio indicates a bull run for Platinum is on the cards also?
Reply
meszaros inside20
@inside20, I agree with you. I am still expecting bigger increases in the commodity market.
Reply