The Gold Price May Down To $1375 Till The End Of 2019

Discussion in 'General Trading Discussion' started by World-Signals.com, Oct 22, 2019.

  1. World-Signals.com

    World-Signals.com Senior Investor

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    The Gold spot upward momentum is over. The pick of price close to $1557 for ounce one and a half month ago is far away. The current Gold trend moves from neutral to downtrend. In a short time World-Signals.com expects to see levels below $1450. The Gold price may set at $1400 or even below to $1375 till the end of the year.
     
  2. Phillip Mark

    Phillip Mark Senior Investor

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    All eyes on bitcoin at the moment. Gold has had its share of the rush. No more gold rush
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    Why do you think Bitcoin will come back into favour? I read that Facebook is on the verge of abandoning its own cryptocurrency?
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    I always thought that gold was a hedge against inflation. Is inflation really a threat at the moment?
     

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