GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

22 October 2015, 16:15
forexintel
0
66

If you have been following my posts on gold and eurusd price movements, you would have realized the relationship between the two price movements. I believe that the gold price follows the eurusd price with a time lag and of course gold is in thousands and eurusd is in units in their numerals. Now that the eurusd price has started the fall, expect gold to follow suit soon. If gold price does fall, to the levels i expect (https://www.mql5.com/en/blogs/post/652384) , then it is going to be difficult times ahead.

 

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