Fx-AlphaStrats

GOLD and the unvertainity in the global market, and Russia

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
6
Gold is heading higher.
the uncertainty in the global
markets special the US is
the drive for gold at the moment

Trumps Trade War, chinas regulation
have sent investors to look at gold
and bitcoin. Bitcoin surpassed the gold price
and are defined at a save heaven for investors
but bitcoin is unstable, and can swing like the
other day 100 dollars whiteout any specific news
related material.

Banks around the world is buying gold in massiv
quantities, like russia have been being 1,5 %
of the global output, thats pretty much for
a single country to buy.

I think that this huge volume of gold buyings
is not over and we will probably see a really
high demand on gold the next couple of years.
2017 and 18 will the best years for gold.
and we will see sharply increasing prices
sooner or later...

lets hope so im in for long on the long run
but i will also counter trade the trend.

The technical.
we also have a harmonic from 2015/12/17 - 2016/12/21
if you trade harmonics
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