T-134

T-134

Both fundamental and technical view of the Gold says it is in a strong bullish trend. This is how it might go in May. I think from August to September it will reach a New High above $2,100.

T-134

From the 4H timeframe, we can see very clear inverted Head and Shoulders that have checked its neckline and started heading up. Target: 0.74680 /Almost 95 pips/ Good luck

T-134

This is the 4H chart where Elliot wave steps are drawn. Since 10 year Yields having lower results than expected and US economy is having huge inflation on CPI Gold looks like a safer investment to be held. Please share your idea, thank you.