alanmasters

Gold Spot Gains Momentum... Going To $2127 Before $2461

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
We are aiming for $2461 for the value of Gold pretty soon... But first, we are going to hit $2127.

This is an update to my previous chart (shared below) to say that our bullish view on Gold ( XAUUSD ) remains intact if not stronger.

I still have the feelings/Spirits telling me to buy Gold 24/7...
The signals on the chart support this feeling by 6000%.

Everything is bullish here and prices continue to climb higher.

Here is the previous chart from July 29, 2020

Thanks for reading.

Remember to hit LIKE... Only if you enjoyed the content.

Namaste.
Comment: 💾 Gold Going To $7800?! This Is The Yearly Chart
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Comments

How do you think gold price will afect bitcoin? If it does at all. Thanks!
Reply
alanmasters zeph1ro7
@zeph1ro7, A strong gold = strong Bitcoin.

Not because they are related but because the factors that make Gold prices go higher also support a higher Bitcoin.
+1 Reply
I noticed historically as the fed puts more on its balance sheet silver tends to rise as well. Given its had a hard run up already, do you see the same scale on slv?
Reply
alanmasters iaretheanimal
@iaretheanimal, Yes... I just looked at Silver and even though the smaller timeframes can give out mixed signals, the yearly is VERY strong...

I haven't been tracking silver though so I can't say for sure... I am bullish on Gold.

Namaste.
+1 Reply
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