Gold Trend Forecast year 2020

Please find below gold trend forecast for year 2020

May-June
I am expecting an important high in Gold in last week of May,20 (ideally on 27th May) and from there severe decline which should last up to last week of June (ideally till 29th June), so month of June is bearish for gold

June-August
in last week of June (ideally on 29th June) we will buy gold and will hold it till 2nd week of August (ideally till 14th August) , so the entire July & first 2 week of August is bullish for gold ( this period will be one of the best period for gold)

August
last 18 days of August is extremely bearish for gold so we will short gold in 2nd week of August (ideally on 14th August) and will hold it till 1st September

September-October
September & October is extremely bullish for gold , we will see good rise in September & October ,so we will buy gold on 1st September and will hold it till 3rd November

Nov-Dec-January November ,December,20 & January 2021 look bad for gold, we can see complete collapse of gold here

For day-wise trend please see trend forecast graph

Best wishes

By | 2022-10-31T09:49:51+00:00 May 15th, 2020|Uncategorized|
error: Content is protected !!
Open chat
Live Chat