Gold @ $800 within 20 days
Gold @ $800 within 20 days
Although Gold barely achieved new high, ForexWarrior Long Term Target since the beginning of 2007 was identified @ $800 initially to be followed towards $1020 by the end of the year. Almost 60pips away from our target and it is not considered at all far fetched or unachievable. Any weekly dip should be considered good ‘adding position’ tactic and exit $800 should be screened, most probably in the last week of Ramadan where Indian demand exceeds supply seasonally.
Forex Trading Education
Although Gold barely achieved new high, ForexWarrior Long Term Target since the beginning of 2007 was identified @ $800 initially to be followed towards $1020 by the end of the year. Almost 60pips away from our target and it is not considered at all far fetched or unachievable. Any weekly dip should be considered good ‘adding position’ tactic and exit $800 should be screened, most probably in the last week of Ramadan where Indian demand exceeds supply seasonally.
Forex Trading Education
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