As the great philosopher would say, that escalated quickly. Yesterday, gold reached our purple target detailed in our last update [see: Gold, Ready to Shine?]
As we pointed out in June, 1348.60 is a key price level, as it represents 2 channel lines and the .886 retracement of the plunge from 1377 in July 2016…If GC is able to remain atop its SMA10/20 for the ride up to 1348.60, by all means ride along.
We’ll take a quick look at what to expect next.
continued for members…
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |