KondrackiKarl

Gold to $1750 by the end of 2021?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold has gained about 650% in 10 years from about $250 in 2001 to about $1920 in 2011.
From there, Gold retraced 50% to just over $1000.
The current recovery has seen over a 33% gain.
Current estimate is that Gold will reach about $1740 by the end of 2020.
Comment:
Current estimate

Comment:
Approaching target faster then expected
Seems Gold will reach $1740 by February 2021
Looks like a large cup and handle if/when wave 4 completes


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