Disliked{quote} It will go up to 1200+ now by october-november..... I was negative at 1163+.... and bullish at 1100....... I see 1200 on the horizon. Thought it would come down to 1131, but the market always over does everything.. emotions supposedly.Ignored
If Fed delays rate hike, yes...I see it going 1200 and possibly higher, though it all depends on inflation. However, any sign of inflation means rates will go up faster, so more intermediate term-6 month to a year-I think gold prices are likely to trend down.
"The market can remain irrational longer than you can remain solvent"