market-range

Targets of at least $2,400 gold are available

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
In the previous gold analysis post, we examined this symbol in the weekly cash data . In this post, I will examine the gold pattern in the monthly cash datal. After the monthly triangle ends with E-wave bottom of $1800, gold enters the first and second part of A bullish pattern is labeled as A and B on the chart. Right now, the start of the third arm is from this pattern done, and after a correction of about 30% to 60% of this arm, we can start buying gold. In the next post, the weekly cash data will be updated.
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