darth.stocks

Multimotif Analysis of Gold: Staying long-term bullish

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
7
Although a correction till 1100 is quite likely to occur, my intermediate price target is in the range of 1400-1600 US$. The inner faling wedge has be resolved with a 180 US$ price target. I expect an breakout out of the outer wedge in autumn with a price range of 370 US$, also corresponding with the 3 drives price target line...
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