EmptyEternity

Gold $XAUUSD going to $1,565 and the Dollar $DXY going to 107

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Dollar is going up, due to EM currencies destructing like Turkish Lira. They will all go that route, blowing up the dollar. Gold will take a bath and it'll be the best time to add to your gold/silver pile - unless dollar keeps going...
Comment:

If/when dollar hits 120 - gold will hit $1,325.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.