GOLD had a wonderful run this past few seasons grinding up a series of ATH taps every higher baselines since 1500.
After goin to a new parabolic highs of 3500 ATH, GOLD did hibernate a bit and got trimmed back to 3240 levels -- a precise 61.8 FIB tap. This is where most buyers converge, and position themselves on the next run up.
The next ascend series will be far more generous eyeing new higher numbers never before seen. Ideal seeding zone is at the current price range of 3250.
Current higher lows on momentum metrics has been spotted conveying intense upside pressure as it moves forward.
Spotted at 3250
Interim target at 3500 ATH
Long term: 4000
TAYOR.
Trade safely. Market will be market.
Not financial advice.
After goin to a new parabolic highs of 3500 ATH, GOLD did hibernate a bit and got trimmed back to 3240 levels -- a precise 61.8 FIB tap. This is where most buyers converge, and position themselves on the next run up.
The next ascend series will be far more generous eyeing new higher numbers never before seen. Ideal seeding zone is at the current price range of 3250.
Current higher lows on momentum metrics has been spotted conveying intense upside pressure as it moves forward.
Spotted at 3250
Interim target at 3500 ATH
Long term: 4000
TAYOR.
Trade safely. Market will be market.
Not financial advice.
Note
we proceed. so far so good. more weighty rise ahead.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.
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.