Long Term Bear on Gold

17 Mar 2018

Gold chart wise doesn't look the best of charts. With rising interest rates and the dollar looking like it will start to pull back in coming months. As months go on, Gold has become less of a safe haven, yes ok the markets are still in an uptrend but what we have seen in previous months is uncertainty, which is where gold usually comes into play.

The mass mined commodity isn't a scarce one and is absolutely exhausted.

NeroTree rates GOLD as a SELL with a $1,250 price target with $1,200 in extension.

4 Tem 2018

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