GOLD/EUR 1W: Undervalued! Min target 1.150 EUR until End 2017.The strength of the EUR has pushed the gold price down. Apart from this fact, GOLD is undervalued in EUR. Strong resistance at 1.150 EUR.
If the war scenarios continue, a further additional up could be expected. It is also possible that the USD will stabilize against the euro until end of the year. This also makes a stronger up possible.
Let's see what happens. Happy trading. :-)
