ProFX_Strategist

Gold - Longer Term View

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
4
Gold has already rallied strongly (& quickly) from it's lows ever-since the beginning of this year; so basically from now on it will be just about expecting a more steady move/progress to more/further upsides as time progresses (the progress upwards should be more gradual & no longer a quick rally/impulsive up-move anymore IMO)...

Gold might continue to have temporary dips here & there (more probably due to future strengths of the USD)... But Gold does not need to decline when/if the USD gets stronger; because as long as our economy is doing poorly, or if the global outlook looks/remains bad; then Gold will just continue to get stronger & stay up...
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