2020:
If EU can't also not handle corona, we will see
a) Euro will fall down to 0,85-0,9 range
b) Europe central bank must print more Euro oder rise interest from negative to positive
that would bring *) more unemplyoed People in eu *) colaps on house mortgage, loans *)more political changes to right-wing *)Investors would go more to usd area..
2020 is also Bitcoin halving, where a lot of hedge Manager waiting for, they will sell some btc for Gold to.
XAU can hit easy 2100-2200 dolar end of this year.
If we can't handle corona -> 2021-2022 Gold can go much higher 6500-7000$ range.
--->*still only small Trader buying now Gold, big Player waiting for stock market.
Check my previous xau-usd chart for Weekly
If EU can't also not handle corona, we will see
a) Euro will fall down to 0,85-0,9 range
b) Europe central bank must print more Euro oder rise interest from negative to positive
that would bring *) more unemplyoed People in eu *) colaps on house mortgage, loans *)more political changes to right-wing *)Investors would go more to usd area..
2020 is also Bitcoin halving, where a lot of hedge Manager waiting for, they will sell some btc for Gold to.
XAU can hit easy 2100-2200 dolar end of this year.
If we can't handle corona -> 2021-2022 Gold can go much higher 6500-7000$ range.
--->*still only small Trader buying now Gold, big Player waiting for stock market.
Check my previous xau-usd chart for Weekly
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answering some private messages:
this case with ARC can happen, if we don't break 1760$ and also corona Epidemie would cool down. Else, xau would do it like on Weekly Chart.
this case with ARC can happen, if we don't break 1760$ and also corona Epidemie would cool down. Else, xau would do it like on Weekly Chart.
