I've been looking at gaps more lately and I'm seeing more correlations in price targets and timing. 8/28-29 left a daily gap on the daily Gold chart I believe at minimum it should get filled very very soon. I left my price prediction for the remainder of the month on the chart. This monthly path would leave a DOJI for the monthly September chart.
I'm less sure if Gold will hit the 50 SMA daily, but it's something to look out for.
Trade at own risk and always have a stop. Be open to changes in chart price when they don't match your forecast.
I'm less sure if Gold will hit the 50 SMA daily, but it's something to look out for.
Trade at own risk and always have a stop. Be open to changes in chart price when they don't match your forecast.