Precious Metals Watch - Downward revision gold forecast - Insights

Precious Metals Watch – Downward revision gold forecast

In this pubication: Gold prices have fallen and broken below the 200-day moving average. This means that this year’s uptrend is over. We have revised downwards our gold price forecasts because we think that investors will continue to liquidate. Our year-end forecasts for 2016 and 2017 are USD 1,200 and 1,150. What happened? Since 17 February 2016 we have been positive … Continue reading Precious Metals Watch – Downward revision gold forecast