This Week Highlight - The Gold Forecast in end April
This Week Highlight - The Gold Forecast in end April We have been predicting the Gold prices in recovery trend since few weeks ago. Try enough, the bulls are kicking in and yellow metal has climbed above USD1750 /oz last week. While we are open to expect the yellow metal threading sideways from USD1720 - USD1760 /oz range in mid April, the protrusion above USD1760 /oz is a more than better sign for us. In April, we foresee there is a possibility to see the yellow metal prices reaching USD1800 /oz before the trend takes a breather in early May. Literally, the market grapevines on U.S. economic worries on inflation few weeks ago has lifted the U.S. Dollar Index (USDX) to to 93.00 level. However, you may refresh the recent snippets in March that we denied the inflation due to the looming U.S. economy. The unnecessary worries on inflation is just to support Dollar for a quick lifting so the Dow and other markets could perform a healthy correction. Currently, the Dollar Index (USDX) has