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What quotations of gold in 2017 you can expect Reward $2
Created by kmakoynohupa, 375 days ago, 629 views

What quotations of gold in 2017 you can expect?
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brendaniel374 days ago

@kmakoynohupa
Where do we see the price of gold going in 2017? We start sensing that gold will continue to as a “fear asset” in 2017. Given that stock markets, which we consider an important risk indicator, are becoming very bullish, as suggested in” S&P 500 Suggests Much Higher Prices Coming in 2016 and 2017″, gold could take a hit as fear is moving away from markets. In the early days of 2016, markets were driven by fear, which is the reason gold rallied so strongly, but that has changed recently.

With that in mind, we see gold moving towards the lower area of its bearish trend channel. Right now, support comes in around 990 USD. By the second half of 2017, that will be around 890 USD, which is exactly the peak of 1980.

In other words, we do not exclude the scenario in which the gold price will hit 890 USD in 2017 after which it will turn around and evolve into a new and strong bull market.

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2

Aravi374 days ago

Hi @kmakoynohupa

I think quotes.ino.com can help you more better with more accurate forecast. Kindly find the below website: -

http://quotes.ino.com/exchanges/futboard/

http://quotes.ino.com/charting/?s=NYBOT_DX.M17.E

Regards,

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3

hiflyer372 days ago

I believe it will increase in value as we see a devaluing of the American dollar, and the continuation of trouble with the British pound and Euro economies. If it goes down it will be temporary, so buy low sell high, and exercise patience.

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4

igor372 days ago

The cost of gold may rise up to 1050 dollars for one ounce.

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5

brendaniel367 days ago

@kmakoynohupa
Thanks for Selecting mine as the best....

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