#XAUUSD @ 2,011.16 Gold Price Forecast: to climb lastingly and more noticeably towards the end of the year – Commerzbank
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
Gold price is continuing to hold its own just above the $2,000 mark. Economists at Commerzbank expect the yellow metal to remain stable before rising toward the end of the year.
“Over the next two quarters, we envisage XAU/USD at roughly $2,000, and thus only marginally below its current levels (as compared to our previous forecast of $1,900-1,950).”
“As soon as the Fed raises a clearer prospect of an interest rate turnaround, the Gold price is likely to climb lastingly and more noticeably above the $2,000 mark, though we only expect this to happen towards the end of this year.”
Source: Commerzbank Research
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
