Gold is slow to move over time and hits its targets.
The current move has been trying to break out for 3 ish years now.
An extension of the current range of 1600-2050 points to a chance of 2500 as a target.
And after than, if gold keeps rising, the decade range extension points at a shot at 3000.
These numbers are hypothetical targets. When making new highs, hypothetical extensions is all we have in commodities.
Not a recommendation to buy or sell, just my opinions.
The current move has been trying to break out for 3 ish years now.
An extension of the current range of 1600-2050 points to a chance of 2500 as a target.
And after than, if gold keeps rising, the decade range extension points at a shot at 3000.
These numbers are hypothetical targets. When making new highs, hypothetical extensions is all we have in commodities.
Not a recommendation to buy or sell, just my opinions.