Gold rally to 2200
Hello!
My thesis is that gold is going to rally to around 2200 level, which is going to be an intermediate timeframe top. There are quite a few fundamental reasons like COVID-19 and extra stimulus, which support this thesis fundamentally. I think that gold is going to factor all these fundamental problems in by early 2021, pricing gold around 2100-2200. Also I'm bearish on the overall stock market, which is positive for gold.
Good luck!
Tonis
My thesis is that gold is going to rally to around 2200 level, which is going to be an intermediate timeframe top. There are quite a few fundamental reasons like COVID-19 and extra stimulus, which support this thesis fundamentally. I think that gold is going to factor all these fundamental problems in by early 2021, pricing gold around 2100-2200. Also I'm bearish on the overall stock market, which is positive for gold.
Good luck!
Tonis
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