dRends35

GOLD - Heading For $3.5K ? 🤯

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD breaking out from contracting triangle that appears to be a fairly clean double 3 - primary wave 4 to now take GOLD in a fifth wave up to 1:1 target $3.5K.

The leg up from Dec '15 to Aug '20 I think was a 1-2, i-ii to overshoot 1.618 fibs and complete the primary wave 3.

From there ABC zig-zag found support on the bullish 0.382 retracement which then formed a WXY to break up from the triangle and the wave 5 has begun - I think.

Not advice.


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