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GlobalInvestFutures

Uptrend analysis of gold (Weekly & Daily Charts) (GC)

Gold Futures (COMEX:GC1!)  
GlobalInvestFutures  
COMEX:GC1!   Gold Futures
Trend Analysis Chart Patterns Technical Indicators Gold GC GC1! (Gold Futures) futures Commodities
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trendanalysis chartpattern indicator gold gc gc1! futures commodities
snapshot
The gold broke the last historical high 61.8% level of Fibonacci extension (weekly chart).
The next target is 78.6% Fibonacci Level.
However, I believe that there will be a correction because of the sharp uptrend on the daily chart, but it won't affect the increasing behavior.
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