Well, in my previous studies, I have outframe the long term perspective of XAUUSD.
I thought that the coreection was over. However, the upside correction process in still continuing because of the debate with Greece, the tension in the market, as well as the weakening of USD against EUR. therefore, the precious metal may very well go beyond 1180 towards 1190 and 1201.
However, the long term perspective did not change at all.
I thought that the coreection was over. However, the upside correction process in still continuing because of the debate with Greece, the tension in the market, as well as the weakening of USD against EUR. therefore, the precious metal may very well go beyond 1180 towards 1190 and 1201.
However, the long term perspective did not change at all.
