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Sri Lanka Equity Forum » Stock Market Talk » Chart: Gold has been ‘Trumped’, here are the downside targets

Chart: Gold has been ‘Trumped’, here are the downside targets

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VALUEPICK

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point

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Manager - Equity Analytics
Manager - Equity Analytics

VALUEPICK

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Sometimes it can happen before December 2016. If not it can happen in 2017. In fact I have been bearish on yellow metal since 2015. According to my estimation, it should drop below $1000. Some others are sill bullish.

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Manager - Equity Analytics
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i thought it will bounce back to previous high again slowly Neutral Neutral Neutral

EquityChamp

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Gold witnessed a sudden demand as soon as Trump has been elected to White House but since he cleared himself now people are starting to believe on US Dollar. With the decline of Gold and the confidence on USD you will see a strong USD next year than now which in turn can weaken our Rupee further.

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