AhmadRad

Xauusd is going to be up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last year, the pandemic got controlled by governments, They have tried to keep unemployment rate low by injecting money to the economies. Although contradictionary policy began by major economies since last three month ego, but it's slow, and some other fundamental issues make expected inflation higher. So my prediction for this month is xauusd range going to be 1790-1910.
But if you want to get long position on this by the end of January it's better to put TP on 1885.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.