Gold started trading inside a Channel Up following the September 28th 2022 bottom.
As you can see, the Higher Low since October 6th 2023 follows a similar structure to the one that started on November 3rd 2022.
This shows that the current bullish wave isn't over and should instead settle at around 2280 (+15.45% rise).
After that we may see a healthy pull back to 2105 (Fibonacci 0.618).
Follow us, like the idea and leave a comment below!!
As you can see, the Higher Low since October 6th 2023 follows a similar structure to the one that started on November 3rd 2022.
This shows that the current bullish wave isn't over and should instead settle at around 2280 (+15.45% rise).
After that we may see a healthy pull back to 2105 (Fibonacci 0.618).
Follow us, like the idea and leave a comment below!!
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