DocLopez

Bullish Setup for Gold going forward.

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Strictly a technical observation, you have a incomplete Inverted Head and Shoulders (needs to build Right shoulder). Alternatively, a Cup & Handle is forming shorter term. Handle appears ready to spring give Friday's move. May find resistance at $1,315, but $1,350 is my target by May/June.
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