Gold (
GOLD) has to close bullish now:

Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Gold (Click chart above to see the detailed analysis👆🏻
Gold remains in such a bullish market lately and there is not a single reason for why Gold should stop the parabolic rally soon. In a couple of days we will have the confirmed breakout which will then lead to a move comparable to what we saw back in 2010.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Gold (Click chart above to see the detailed analysis👆🏻
Perfectly following all of my previous analysis, Gold just closed outside of the rising channel pattern, breaking the trendline and rallying another +12% over the past couple of months. Quite likely that this is just the beginning of the final parabolic rally on Gold.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.