TVC:GOLD   CFDs on Gold (US$ / OZ)
Here is my perspective on a monthly basis:
--- As long as the price remains above $ 1834, the price will continue to rise.
--- $ 1967.24 is decisive for me, this should be achieved by or in January, but only when we see after January '22 that the price has been overcome and the monthly closing price remains above $ 1967, then one could expect a new ATH in the medium term.
--- Without a stable new ATH, prices could fall sharply and at least lead to purple SMA 200.
--- Monthly closing price below 200 SMA will be dangerous!!!
--- See also the yellow circle on the left and compare with the circle on the right!
Comment:
Next target is at $ 1907.42
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