Don't believe FED is moving rates anywhere too quickly
Continued economic uncertainty worldwide
Looks like it may have bottomed out here. Equally a move back to USD 1200 would not be too surprising (a lot of structure)
My longer term outlook is a push to USD 1400 mid 2017
Continued economic uncertainty worldwide
Looks like it may have bottomed out here. Equally a move back to USD 1200 would not be too surprising (a lot of structure)
My longer term outlook is a push to USD 1400 mid 2017
Note
Brutal reversal after Trump victory. Market fears rate rises hence sell off. Wouldn't be surprised if current sell off is overdone.
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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.