Gold daily breakout on the cards - $1920 by year end
Gold is coming back up off the yearly lows and getting close to a breakout on the daily timeframe.
Look for a break of the channel top from August 2020 highs.
Target is 0.618 fib - $1920's
Look for a break of the channel top from August 2020 highs.
Target is 0.618 fib - $1920's
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Zooming out to weekly timeframe gold is painting a handle to last decade's cup - cup & handle target (in next 5 years) is $2800
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Daily break out - closed above the channel
