FreeForexSignals

1924, the year i was BORN

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yes i am nearly 100, i just look good for my age.

This is a key support level for me, it has been a strong level previously and tested it on Friday. This week i can see more upside moves as i think the stock market will crash, Historically when that crashes people rush and invest in gold as it is classed as a safe place.

The whole economy is in a mess and will only get worse, this will raise peoples fear and make them invest in gold, by the end of the year or early next year gold could reach $3000.

If you want a chat about trading then send me a message, i wont bite... Unless I'm asked LOL.
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.