GOLD Breakout From Ascending Triangle
Good Morning
I am writing to present my analysis of the gold market. As you are aware, gold has broken through the resistance area in the ascending triangle. This strengthening is due to the fundamental impetus from the FOMC, which has maintained interest rates. It is likely that gold will reach another record high price. The long-term gold price target is $2500.
Kind regards
NAFX
I am writing to present my analysis of the gold market. As you are aware, gold has broken through the resistance area in the ascending triangle. This strengthening is due to the fundamental impetus from the FOMC, which has maintained interest rates. It is likely that gold will reach another record high price. The long-term gold price target is $2500.
Kind regards
NAFX
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