GOLD Forecast: Long-term trend upwards. 1500 USD end of 2017

Apr 30, 2017

If the resistance line breaks (I believe in may) the upward trend continues. I believe, a long-term upward trend is developing. Fibu, MACD and Ichimoku have similar signs. Maybe two steps up in 2017: 1430 USD > 1575 USD. I think, we can expect a further upward trend for 2018.

See also my Forecast from 9 Jan 2017: https://www.tradingview.com/chart/XAUUSD/yqiuKDkO-Gold-Price-Forecast-2017-Between-1-480-USD-and-1-580-USD/

Lets see what happens. Happy trading! :-)

Apr 30, 2017

Trade active

Apr 30, 2017

Note

Yes I believe that we have seen the lowest point on 3.12.2015 (1046.23 USD). The second point was on 14.12.2016 (1122.51 USD). A third point in December 2017 at 1200 USD could be, but I believe that the upward trend is stronger.

May 10, 2017

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further up. new trend channel possible.

May 18, 2017

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The support line made a good job. If the resistance line break the way up is free.

Jun 24, 2017

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Forecast ... Imo still 1.450 USD possible

Sep 8, 2017

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never forget your old charts...; -)