Where the gold is price is going?

Weizfx

Trader
Dec 4, 2011
12
0
17
Few weeks ago, when the gold traded around $1800, Bernanke said that this prices reflected a bubble in gold and his words crashed the precious metal all the way down to $1600. Do you think the gold can get back to $1800 son? Please explain why.
 

mr.gardner

Trader
Mar 14, 2012
35
0
17
I think that a reasonable target of the gold price is 1700 but 1800 is quite unsafe target. I would prefer short term trading for this financial instrument.