Bullish target of bullish pennant ~ $1695 Beraish target#1 of Symmetrical triangle ~ $1500 (end of wave A) Beraish target#2 of Symmetrical triangle ~ $1415 (end of wave C)
Note: Squeeze momentum indicator @ 1W TF still looks very bullish. Therefore, a breakout to the upside could be likely (bullish pennant scenario). However, if bullish mometum is too weak the triangle could break to the downside. For this reason I would recommend to take some profits at current price level to secure them. Remaining gold position I suggest to sell at bullish pennant target.
I´m not a financial adviser. For educational purpose only!