Sep, 07, 2017 By Vikram Murarka 0 comments
In our August ’17 forecast (Euro was 1.1772) we called for a rise to 1.2050 this quarter and to 1.2250 in the following 6 months. The actual high in August has been 1.2070, just a little higher than our target of 1.2050.
The Euro uptrend and longer term target of 1.2250 remain intact. There may/ may not be a correction down to 1.17-16
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Gold has been weakening against industrial metals since Sep ’16. Does this suggest continuation of the Goldilocks situation …. Download Sep’17 Wallpaper
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